Big Banks Are Fleeing the Mortgage Market

MarketWatch, Feb. 12, 2016–Riquier, Andrea

When it comes to residential mortgages, big banks are waving the white flag. Banks originated 74% of all mortgages in 2007, but their share fell to 52% in 2014, the most recent data available from the Mortgage Bankers Association. And it could go even lower.

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