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Home » Store » News » Mortgage Boom Propels Commercial Bank Asset Growth in 3rd Quarter

Mortgage Boom Propels Commercial Bank Asset Growth in 3rd Quarter

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The mortgage lending boom of the third quarter accounted for most of the growth in commercial bank assets during the period, as commercial lending continued to slide, according to data just released by the Federal Deposit Insurance Corp. Banks bellied up to the mortgage buffet by beefing up their whole loan portfolios as well as mortgage-securities holdings. The industry pushed its 1-4 family mortgage holdings
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