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The Boston Globe

Business

Affordable home loans from Mass. exceed $1 billion

MassHousing, the state’s affordable housing bank, provided more than $1 billion in home loans in 2012 — a record amount and another sign the housing market is recovering, officials said Thursday.

Last year, 4,710 Massachusetts residents with low or moderate incomes got help buying or refinancing property through the agency, said Thomas R. Gleason, MassHousing’s executive director.

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