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September 8, 2014

Sources: Bank of America Sold $3 Billion in Nonperforming Mortgages

By Paul Muolo

One source said the $3 billion “traded a few weeks back,” but could offer no more color on the transaction.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

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Not now. But things could change as 2018 progresses.

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