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Marissa Fajt
DEC 2, 2008 2:00am ET

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Blank-Check Firm's $400 Million Offer Hinges on CRE Pledge

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NRDC Acquisition is looking to inject as much as $400 million into a community bank that commits to using the added capital to turbocharge its commercial real estate lending.

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The $25 billion mortgage robo-signing settlement is:
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A source of relief for both banks and homeowners that could help the housing market and economy recover

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