Strategic alliances: Win/Win opportunities in a changing marketplace.

Mortgage BankingVol. 63 Nbr. 9, June 2003

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Executive Suite

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Strategic alliances: Win/Win opportunities in a changing marketplace.

TWO YEARS AGO, I SUGGESTED THAT AT the then-current rate of consolidation, the top five mortgage industry players would dominate the market, representing 50 percent to 60 percent of market share. In addition, I stated Countrywide Financial Corporation's goal to be the leader of that group.

It appears what I suggested is becoming the reality. Today the top five companies have about 40 percent of the market share in both origin...

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