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Home » Store » News » Ginnie Mae Servicing Market Manages Minor Growth Spurt, But Most Big Players Report Declining Balances

Ginnie Mae Servicing Market Manages Minor Growth Spurt, But Most Big Players Report Declining Balances

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The outstanding supply of Ginnie Mae mortgage servicing rights grew a modest 1.1 percent during the third quarter, although many of the largest lenders in the market posted declining balances of Ginnie servicing. Wells Fargo Home Mortgage remained the largest Ginnie Mae servicer with $80.8 billion as of the end of September. That was up 5.2 percent for the quarter
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