In a move that threatens to disrupt a long-standing alliance between mortgage companies and Wall Street investment firms, some big lenders are preparing to distribute more of their own mortgage securities to investors.

Such giants as Countrywide Credit Industries and Norwest Mortgage are moving ahead, lured by the prospect of greater efficiency and profits.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.