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"A very large proportion of distressed home sales are taking place at discounted prices compared to more normal conditions a year ago," said NAR President Charles McMillan, a Dallas real estate broker.

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it could be a good time to buy a home or finally refinance your mortgage. For the first time since the great recession of.

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paving the way for more companies seeking to go public in an industry that’s since grown to more than billion. housing development finance Corp., the nation’s largest mortgage lender, will offer.

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