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| Issue of January 21, 2008 |
![]() Residential Mortgage Lending Down 60% From Peak Levels Home Purchase, Refinance Loan Numbers Weaken; Loan Originations Fall 22% Between 2006 and 2007
The sky really is falling, at least on the local lending scene. Mortgage originations, once buoyed by a high-flying real estate market, slipped into a tailspin last year as the housing sector struggled and the subprime lending arena imploded. Subscribers, click here to read entire story | Click here to purchase a subscription
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