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The worst-hit banks will be Wells Fargo and Bank of America, respectively Freddie and Fannie's biggest sources of mortgages.
ECONOMIST: Mortgage lenders�� past sins catch up with them
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In addition, some sources report that the majority of mortgages are obtained through a broker, often an independent entity, who takes loan applications on behalf of a depository institution or other lender.
NPR: Transcript: Bernanke on Mortgages, Foreclosures
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Banks have the misfortune to be confronting the discounters just when marketplace and legal changes are drying up some of their traditional revenue sources, like packaging subprime mortgages and gouging people with overdraft fees.
FORBES: Magazine Article