Volume 2011 - Number 23
November 18, 2011
Downloads Available: Top Subprime Mortgage Servicers in 2011 - 3Q11
Special Servicers Pick Up the Slack As Banks Dump Subprime Servicing
The outstanding supply of subprime mortgages in the market continued to decline in the third quarter, but three special servicers significantly increased their portfolios, according to a new ranking and analysis by Inside Nonconforming Markets. The growing servicers – Ocwen Financial, Nationstar Mortgage and Walter Investment Management – all focus on high-touch servicing. Special servicing is in particularly high demand as banks have started to sell their subprime holdings, a trend expected to...
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