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Real Estate
The Real Estate Adviser |
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May 15, 2008
The Real Estate Adviser: Chilly U.S. home markets make lenders look south
By Tom Kelly
Special to the Journal
Special to the Journal
The cold domestic housing and mortgage markets have lenders looking for warmer possibilities and a few are spending more efforts to finance Americans who choose to purchase primary residences and second homes south of the border.
New York-based Lehman Brothers Resort Home Lending will enter the market in a big way, offering mortgage packages this year in Mexico, Costa Rica, the Bahamas, the Dominican Republic, Panama, Canada and the United Kingdom.
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Previous columns:
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