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Big Three Dominate Direct Originations in Early 2009, But Mortgage Market Remains Fragmented
Wells Fargo, Bank of America and Chase Home Finance were the dominant forces in the home loan business in early 2009, but a still solid correspondent market left plenty of room for other lenders to find their niche. The big three in mortgage originations accounted for over half (52.0 percent) of total production during the first quarter of this year, but their... [Includes two charts]
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