Wells Fargo Dominates Ginnie Mae Servicing Business With 30 Percent Market Share
January 31, 2008
Wells Fargo was so far ahead of the rest of the industry in terms of its Ginnie Mae servicing business that the company could see a 1 percent drop in volume over the course of 2007 and still have more than twice as much as its nearest competitor... [Includes one chart]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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