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Tag Results for "Mexico Building Sector"

Mexico Gives $1.2 Billion Lifeline To Struggling Homebuilding Industry

March 7, 2013 | by HS News Staff | Latino Daily News

The Mexican government has announced that it will be cover up to 30% of bad bank loans taken out by homebuilders and guaranteeing up to 50% of loans taken out by “healthy” homebuilders, in essence throwing them a $1.2 billion lifeline. continue reading »