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» Big Banks Diverge on a Huge Question: To Retain Mortgages or Not? BofA Keeping 90 Percent…
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Big Banks Diverge on a Huge Question: To Retain Mortgages or Not? BofA Keeping 90 Percent…
August 3, 2017
Brandon Ivey
BofA CEO Brian Moynihan: “Now, the answer is, we just retain the mortgages and frankly the credit quality on ours is not worth paying the insurance [associated with selling loans into MBS].”
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