Small Banks Quietly Building Share In the Residential Mortgage Industry
July 17, 2015
Big banks have attracted considerable attention as they have reduced their footprint in the mortgage market. Although nonbank lenders and servicers have taken up most of the slack, a new Inside Mortgage Trends analysis reveals that small banks have been taking a bigger role in the industry. Commercial banks and thrifts have been building their holdings of unsecuritized home loans at a time when the overall supply of mortgage debt has been ... [Includes one data chart]