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Mortgage Industry

Essay specific features

 

Issue:

Business

 

Written by:

Manuela V

 

Date added:

May 30, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1867

 

Was viewed:

221 times

 

Rating of current essay:

 
Essay content:

The industry landscape is very competitive and is stimulated by home sales and the refinancing that comes about when mortgage rates are low. Large companies have big economies of scale in operations. Small companies compete successfully by funneling mortgages to the large companies. The industry is fragmented at the bottom but highly concentrated at the top: the largest 50 companies hold more than 70 percent of the market (Industry Overview, 2008)...
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Small companies compete successfully by funneling mortgages to the large companies. The industry is fragmented at the bottom but highly concentrated at the top: the largest 50 companies hold more than 70 percent of the market (Industry Overview, 2008). Most Americans will own at least one mortgage at some point in his or her life...
displayed 300 characters

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