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...Fannie Mae and Freddie Mac, the US government’s mortgage guarantors, require banks to purchase the cover when homebuyers put down less than 20 per cent of the property’s value....
...“We’re already hearing about a recovery of some of the practices before the crisis – such as securitisation,” says Mr Palmer....
...Isleworth, originally developed by partners including Arnold Palmer and since acquired by British financier Joe Lewis’s Tavistock Group, can also claim baseball star Ken Griffey Jr and basketball player...
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