Monday, September 10, 2007

Jumbo loan woes hitting brokers (BizJournals)

Massachusetts mortgage brokerage firms are closing at a torrid pace as the real estate slowdown and recent credit crunch sweep away the excesses of the most recent housing boom. Those that remain face a drop-off of up to 50 percent in jumbo financing.

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[Source: Yahoo! News Search Results for housing loan]

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