MORTGAGE M&A

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Kroll says some banks are rethinking viability of mortgage lending business

Mar 21, 2019By

The mortgage industry has witnessed very few mergers and acquisitions in the last year, despite what Kroll Bond Rating Agency calls a “fertile environment” for M&A activity. Why? Blame low profits and high origination costs. According to KBRA, the climate has some banks rethinking their positions, with some selling of mortgage assets and others simply exiting the business completely.

3d rendering of a row of luxury townhouses along a street

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