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Answers (6)
- ConnieK_Oklahoma
- Contributions:2896
you will be hard pressed to find a big lender that doesn't buy and sell mortgages. They sell many and keep many.
- Norm D Plume, "America Needs Nixon!"
- Contributions:1670
yes; they service most of the loans but they do not keep them, they're the number 1 seller to Freddie Mac.
They often sell a lot of their jumbo products to other banks or lenders, again usually retaining servicing.
They often sell a lot of their jumbo products to other banks or lenders, again usually retaining servicing.
- Nicholas Ribeiro, "NicholasRibeiro"
- Contributions:1807
They keep most of their 30 year mortgages.
- Wes Black
- Contributions:509
I believe they keep most of their mortgages. They have an excellent reputation in Louisville, KY market.
- angelinafina
- Contributions:13
Thank you.
- John Paunan, "John Paunan"
- Contributions:1145
Though they will always reserve the right to sell a mortgage, it is my understanding that they generally hold onto their originations. They're also the largest buyer of mortgages on the secondary market, so it's very unlikely that they would sell...
Does Wells Fargo sell their mortgages?
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