Last Updated: June 1, 2010 07:03pm ET

Mortgage Defaults Hit 18-Year High

By Paul Bubny

NEW YORK CITY-Although Q1 increases were the smallest in more than a year, defaults are on pace to hit a new peak, RCA says.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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