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Bucking Trend, SunTrust, Flagstar Stockpile Mortgage Servicing Rights

Bucking Trend, SunTrust, Flagstar Stockpile Mortgage Servicing Rights

September 22, 2016
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Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. SunTrust, Flagstar and First South Bancorp in North Carolina are taking the opposite view.

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