A Small Mortgage (Production) Gain for Bank of America
January 19, 2021
BofA, which ranked 10th in Inside Mortgage Finance’s third quarter ranking, funds loans through only one channel: retail. Home-equity lending also took a hit: $469.0 million compared to $984.0 million in the third quarter.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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