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ACB Members Bullish On Mortgage Prospects.(America Community Bankers)(Brief Article)
Washington -- Executives at small- and medium-size banks and thrifts seem to be upbeat about the mortgage business in 2005, according to a real estate lending survey by America's Community Bankers.
Nearly 50% of the respondents expect to see an increase in single-family originations in 2005, compared to 2004, while only 21% expect a decline. ACB received responses from 553 banks and thrifts in November and December.
A reduction in refinancing ...
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