Alternative Mortgage Sales to GSEs Consolidate
In the third quarter of 2008, the top four sellers of alternative mortgages to Fannie Mae and Freddie Mac accounted for 70.2 percent of such sales, according to a new ranking and analysis by Inside B&C Lending. The government-sponsored enterprises pooled $17.24 billion of interest-only mortgages, jumbo mortgages and 40-year mortgages in their... [Includes one chart and one graph]
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