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» With Ginnie Mae Servicing Market Continuing To Deflate, Many Firms See Declining Balances
With Ginnie Mae Servicing Market Continuing To Deflate, Many Firms See Declining Balances
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The outstanding supply of Ginnie Mae servicing continued to decline in the first quarter of 2003 as new production failed to keep pace with heavy refinance activity – making it very difficult for servicers to build up their business in this sector.