Market Weekly: Feb 5 Feb 9 2018


[quote=”Assistanc3″ post=4582]Quicken Loans overtook longtime leader Wells Fargo to become the largest retail mortgage lender in Q4 with $25.1B in direct-to-consumer home loans.
Wells was still bigger than Quicken if including correspondent loans, or mortgages purchased from other lenders shortly after they were originated.

The last company to edge out Wells Fargo was Countrywide Financial in 2004.[/quote]

Wow had no idea Quicken was so big – let alone the biggest and Countrywide that is a scary pairing