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‘We Can’t Make Money’: Why BankUnited Ditched Retail Mortgages

‘We Can’t Make Money’: Why BankUnited Ditched Retail Mortgages

John Kanas, BankUnited's CEO, said the business never turned a profit, and there were no indications that it would. The company, meanwhile, remains committed to other residential lending operations while focusing on expanding its other businesses across Florida.

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