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Home » Store » Taxable » Depository Institutions Continue Building Mortgage Servicing Business in Early 2002

Depository Institutions Continue Building Mortgage Servicing Business in Early 2002

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Large commercial banks and thrift institutions continued to pump up their mortgage servicing operations during the heavy mortgage production environment of early 2002. Data from federal regulators based on bank and thrift quarterly financial condition reports show many of the largest depository institutions pressed their bets on the mortgage servicing business while a number of firms maintained relatively small footprints in the market.
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