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April 25, 2014

Nonbanks Continue to Claim Larger Share of GSE Business

By John Bancroft

Who gave up market share to nonbank lenders? The biggest decline was among banks with over $1 trillion in assets: JPMorgan Chase, Wells Fargo, Bank of America and Citigroup.

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The year is almost 75% done. How is mortgage origination volume at your shop?

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We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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