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WE NOW FEATURE DAILY REAL ESTATE UPDATES OF ALL THE JERSEY GOLD COAST MARKETS! Hoboken, Jersey City , Bayonne, Union City, Weehawken, West New York, North Bergen, Guttenberg, Edgewater, CliffSide Park, Fairview, Fort Lee

Loan Issuance Dropped in 2009

Posted by Constantin on Dec 30th, 2009 and filed under Mortgage News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

In 2009 US loan issuance  dropped by  28 percent to $547 billion, from $764 billion in 2008, according to data from Reuters Loan Pricing.

Here is the breakdown:

Investment-grade loans  down 28 percent  to$229 billion, from$319 billion.

Lleveraged loan issuance down 19 percent slid to  $239 billion,from $294 billion in 2008.

Source and Story here

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