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Even though WaMu's market share has decreased significantly this year, they still have almost 1% of the California Conventional Purchase market as of July. Wells Fargo and Citi are rumored potential buyers. If it is Wells Fargo, WaMu's market share may be enough to keep them in a strong position in California. See the chart below for the current market share of Wells.
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To see a complete market share report for California, contact MortgageDataWeb.
2 comments:
The taxpayers age getting those loans that WaMu made! Would you want them in your portfolio? Now you have them! Justice!
jp morgan chase
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