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]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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