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Mortgage chief: 'Doing nothing not an option'

The Bahamas Mortgage Corporation’s (BMC) chairman says “doing nothing is not an option” with the struggling lender having just five years to escape hitting a $110m debt mountain.Patrick Ward told Tribune Business he felt there was “sufficient time to

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'Leave people in their homes' call as repossessions begin

FIVE people in Millennium Gardens whose homes were repossessed by the Bahamas Mortgage Corporation last week are being represented by attorney Wayne Munroe who yesterday criticised policies that kick people out of their homes before a new buyer or t

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