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Volume 24 - Number 41

October 26, 2007

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Mortgage Originations Tumble 22 Percent in Third Quarter Meltdown of Non-Conforming Loan Sector

Mortgage originations plummeted 21.9 percent in the third quarter of 2007, marking one of the biggest production downturns ever in the mortgage lending business. An estimated $570 billion of new home loans were originated during... [Includes two charts and two graphs]

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