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2.5 Billion Portfolio Trades Hands

Posted at 2:00 PM on 12/2/2006
2.5 Billion Portfolio Trades Hands
Hsbc Finance Corp. has acquired a $2.5 billion residential portfolio from Champion Mortgage, according to an announcement Friday. The portfolio reportedly consists of about 30,000 loans. Champion is located in many of the same neighborhoods Hsbc serves, the statement said.


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