The notorious Taylor, Bean & Whitaker mortgage servicing portfolio continues to run off and will soon be in the hands of two specialty servicers, says Ginnie Mae president Ted Tozer.

Taylor, Bean was an Ocala, Fla., mortgage banking firm that collapsed in the summer of 2009 after a federal probe discovered evidence of fraud and fake assets. At the time, the company held $26 billion in Ginnie Mae servicing rights that the agency seized.

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