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The Detroit-based lender logged its best quarter ever, raking in $32 billion in mortgage originations in the second quarter.
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The latest Home Mortgage Disclosure Act data was released by the Federal Financial Institutions Examination Council, and shows which lenders are dominating the mortgage origination market. The.
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Mortgage lenders: These are companies that lend money to a borrower to purchase a home and set the terms of the mortgage, including interest rates, term, conditions, repayment schedule and lending.