Countrywide Funding Corp. and Norwest Mortgage dominated the federally insured home loan business in the first half of 1995, according to Mortgage Marketplace, an American Banker newsletter.

The companies issued $4.5 billion and $4.4 billion, respectively, of securities backed by the Government National Mortgage Association during the six months through June 30. Together they accounted for roughly one- third of total Ginnie Mae volume during the period, the newsletter said.

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