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Latest News on jumbo loan
| Top 5: Portland condo prices down 30% in February from original list prices (The Oregonian) |
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FRONT PORCH BLOG: Regulators order Portland’s Albina Community Bank to improve loans, raise capital / Federal program would pay homeowners, banks to encourage short sales / Jumbo share of mortgage market slipped to 5% in 2009 / Commercial and multifamily mortgage delinquencies rise in Q4
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| Fitch: California Prime Jumbo U.S. RMBS Delinquencies Rise To 11.6%; Florida To 17% (Business Wire via Yahoo! Finance) |
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NEW YORK----Delinquencies for U.S. prime RMBS rose for the 33rd consecutive month, according to Fitch Ratings in the latest edition of Performance Metrics.
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| Jumbo job (BBC News) |
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It's a big task, so how do you recycle a plane?
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| A Comeback for Mortgage Bonds? (New York Times) |
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The housing-induced credit crisis has shut it down for almost two years. But a handful of firms, independently of each other, are working on deals that could hit the market by June, the publication remarks.
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| McCue Mortgage still in the family after 60 years (The Bristol Press) |
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New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year.
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