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Mortgage bonds are back at Buffett's Horsham loan shop
Berkadia re-enters the CMBS market
That doesn't necessarily mean real estate prices are recovering, or even stable: "I can't tell you that properties are getting better, or not. As the economy improves, you'd think it would. But more people are lending," and "the bond market is willing to provide this capital. So we will find places to put the capital to use, where it makes sense."