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September 24, 2014

Special Servicing Likely to Stick with Nonbanks, Plenty of Room for Growth

By Brandon Ivey

“Banks are really bad at servicing nonperforming loans,” said Jon Wishnia, a partner at the law firm of Lowenstein Sandler.

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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 lot.

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