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 Issue of April 24, 2006 
   

Some Lenders Expand Despite Slower Market

Boston-based Summit Mortgage opened a new loan office in Norwell six weeks ago, joining a number of loan companies that are expanding despite a slowdown in the mortgage market.
By Andrea Gregory
The local mortgage market has slowed considerably, but the number of licensed lenders and brokers in the Bay State has risen sharply in the past year and new loan offices are still being opened. Some industry professionals say adversity sometimes presents opportunity.

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