And The Circle Is Complete…

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THE NATIONAL Asset Management Agency (Nama) may have to consider lending to property buyers to kick-start the flagging market, according to Steven Seelig, one of its board members.

Mr Seelig, a former senior official at the IMF, said Nama might have to offer loans to property buyers, including residential homes, to stimulate sales as the banks are not lending on property.

Nama May Need To Lend To Property Developers (Irish Times)

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