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Altisource report predicts return of big banks
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Altisource Portfolio Solutions released its latest “State of the Originations Industry” report, with the most notable prediction from respondents being the re-emergence of big banks in the mortgage market over the next two to three years.
The survey found more than 80 percent of respondents said growing costs for origination would drive out smaller lenders and provide opportunities for big banks to retake market share.
Read on for more details from the company’s annual report.
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