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Home » New Residential Set to Buy a Bona Fide Mortgage Banking Company – the Beginning of a Trend?
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New Residential Set to Buy a Bona Fide Mortgage Banking Company – the Beginning of a Trend?

December 7, 2017
The recent announcement that New Residential Investment Corp. will buy the New Penn mort-gage banking operation of Shellpoint Partners is fueling speculation that more publicly traded real es-tate investment trusts might dive into the business of residential lending.
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