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China's real estate crisis deepens as big Shanghai developer defaults

Hong Kong (CNN Business)Another major Chinese developer has defaulted on its debt, dealing a new blow to the ailing real estate sector in the world'...

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MSR market closes June on $5.2B high note, but has it peaked?

The mortgage-servicing rights (MSR) market continued to defy gravity and remained upward bound as June came to a close. On the last day of the m...