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Home » Store » Taxable » Agency Mortgage Servicing Transfers Slowed Dramatically in Second Quarter

Agency Mortgage Servicing Transfers Slowed Dramatically in Second Quarter

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Fears of rising prepayments put the brakes on the trading in mortgage servicing rights in the second quarter of 2002, according to a new Inside Mortgage Finance analysis of agency mortgage servicing transfers. The volume of Fannie Mae, Freddie Mac and Ginnie Mae servicing transferred plunged 43 percent from the already low level found in the first quarter – some $65.54 billion – to just $38.04
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