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ACLI Expects 8% Increase In Life Commercial Mortgage Lending

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NU Online News Service, Jan. 25, 11:18 a.m. – The American Council of Life Insurers, Washington, predicts life insurers will invest $29 billion in commercial mortgages this year, 8% more than they pumped into the market in 2001.

Total commercial mortage holdings could increase 6%, to $230 billion, ACLI says.

The estimates are based on a survey of 23 life insurers that are active in the commercial mortgage market.

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