Volume 2014 - Number 17
August 15, 2014
Downloads Available: Top Subprime Mortgage Servicers - 2Q14
Subprime Performance Improves, Portfolios Shrink
It was business as usual in the subprime servicing market during the second quarter of 2014, save for the lack of large transfers of servicing from banks to nonbank special servicers. Subprime mortgage performance continued to improve and the amount of subprime mortgages outstanding continued to decline. Some $374.0 billion in subprime mortgages were outstanding as of the end of the second quarter of 2014 ... [Includes one data chart]
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