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Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit crisis.
According to the latest JPMorgan/Fujitsu Consulting Mortgage Industry Report, broker market share has begun recovering modestly in 2009 after declining from a high of 38 per cent to 35 per cent as a result of the non-bank origination freeze.
The report said brokers had been able to recover market share lost as a result of the non-bank slow down by directing more volumes to the major banks.
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