Banks Begin to Post Residential Gains, But Buybacks Jump

Single-family originations by commercial banks and savings institutions jumped almost 17% in the third quarter from the prior period, but compared to a year ago production is down 23%, according to new figures released by the FDIC.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_482/banks-post-residential-gains-1027580-1.html

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