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Volume 2014 - Number 24

November 21, 2014

Downloads Available: Top Subprime Mortgage Servicers - 3Q14


Subprime Servicing Business Draining Away

The subprime servicing business continued to decline during the third quarter of 2014, and the sector’s top player faces big challenges in trying to get any bigger. The supply of subprime mortgage servicing outstanding fell to an estimated $352 billion at the end of the third quarter, according to a new Inside Nonconforming Markets ranking. That was down 5.9 percent from the end of June and off 15.8 percent from a year ago. Ocwen Financial remained the top servicer ... [Includes one data chart]

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

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