Monday, October 10, 2016

Pacific Union Financial poised to build on momentum

In the wake of the 2008 crisis, the correspondent and wholesale segments of the mortgage industry have changed dramatically. Top bank-owned correspondent lenders controlled over three-quarters of the market share in the first half of 2009. By comparison, in the first half of 2016, there were only five banks among the top 10 correspondent lenders and they have combined market share of 38%.

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