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Real Estate & Property Law

: Housing Wire

Bank of America: We Need More Jumbos

By PAUL JACKSON

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Friday brought a ray of hope for battered mortgage markets, with the nation’s largest mortgage lender saying that it is looking to expand its presence in jumbo lending markets — a market that has literally seen liquidity vanish amid the collapse of much of the nation’s private-party mortgage markets. Bank of America Corp. (BAC: 5.9178 +1.16%) [...]

Full post as published by Housing Wire on March 13, 2009 (boomark / email).

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