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Quicken Loans to Buy $34 Billion Servicing Portfolio From Ally Financial – Fox Business

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American Banker

Quicken Loans to Buy $34 Billion Servicing Portfolio From Ally Financial
Fox Business
Quicken Loans Inc., the online home lender, is buying a $34 billion mortgage-servicing portfolio from government-owned Ally Financial Inc. for about $280 million. The deal will expand the size of Quicken's servicing business by nearly 40% as it and a ...
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