The wave of bank mergers is creating a class of investors in mortgages that will have more clout with Fannie Mae and Freddie Mac, some observers say.

The announced merger between NationsBank Corp. and Bank of America would create a new leader in mortgage investments, with a portfolio of $97.4 billion.

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.