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Bank of America says housing has 'begun to turn'
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NEW YORK (AP) — For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit. Now, the business of mortgage lending is more of a mixed bag. Bank of America, the country's second-biggest bank, reported Wednesday that mortgage originations jumped over a year ago — up 18 percent to $21 billion.