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BofA joins Aegon in CMBS venture as market rebounds

Posted on 21 December 2010

From Bloomberg: Bank of America Corp., the largest U.S. bank, agreed to bundle property loans from Aegon NV into bonds, as the market rebounds for securities backed by commercial real estate.
Bank of America’s Merrill Lynch business may make securities from loans to owners of industrial, office, retail and multifamily residential buildings through Aegon USA Realty Advisors LLC, a unit of the Dutch insurer, according to a statement today from the Charlotte, North Carolina-based firm……………………………………….Full Article: Source


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