The largest FHA lenders paced the industry on its way to a record $98.17 billion in FHA production set in the second quarter, according to a new Inside FHA Lending analysis of the latest government data. Bank of America’s FHA-insured originations grew to 8.4 percent of the total FHA market through June from 6.3 percent at year-end 2008 thanks to lending... [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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