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| Issue of September 3, 2007 |
Job Losses Mounting In Mortgage IndustryBy Amy Wyeth The subprime and Alternative-A mortgage crisis has resulted in as many as 40,000 job losses nationally in the past year, and in Massachusetts industry sources estimate upwards of 4,000 lending-related positions have disappeared as companies close or downsize. Commercial Bank Organizers See Opportunity in Springfield By Amy Wyeth New banks are set to open in two of the poorest cities in the Bay State. |
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