| From Bizjournals.com: The Mortgage Bankers Association expects the economy to contract through the first half of 2009 before a modest recovery takes hold heading into 2010.
The Washington, D.C.-based group said in its latest economic forecast this week that it expects growth to pick up strongly by the end of next year and over the course of 2010. The association expects residential mortgage production in 2009 to tumble to $1.67 trillion from an expected $1.86 trillion this year and $2.3 trillion in 2007..... Full Article: Source
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