Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » Bank-Serviced Mortgages See Higher Loss Severities Than Those Serviced by Nonbanks, Moody’s Finds
Looking to read the full article? Register for free access to IMFnews content today!

Bank-Serviced Mortgages See Higher Loss Severities Than Those Serviced by Nonbanks, Moody’s Finds

November 25, 2015
Residential mortgages serviced by banks in top foreclosure states are getting hit with higher loss severities than those serviced by nonbanks, largely because banks have so far dealt with more repercussions from regulatory settlements, according to Moody’s Investors Services. Moody’s compared major servicers’ subprime loss severities for loans in the top three foreclo-sure states of Florida, New York and New Jersey, which collectively make up about 42 percent of all subprime mortgages in foreclosure in non-agency RMBS. The rating service found that loss severities on bank-serviced mortgages in Florida averaged 95 percent, versus 81 percent for nonbank-serviced mortgages. Drilling down in the data a bit to review the extremes, on one end of the continuum for banks was CitiMortgage, which ...
News Inside Mortgage Finance Inside MBS & ABS Inside Nonconforming Markets Servicing Servicing Originations
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Jumbo Share of Originations Hits 18.1% in 2025

  • Senate Passes Housing Bill; Outlook Uncertain

  • Uncertainty Tied to Iran Conflict Pushes Mortgage Spreads Wider

  • Better’s Losses Increase Slightly in Fourth Quarter

More Imf News

Featured Data

  • First-Lien Holdings at Banks Continue to Rise in 4Q

  • Select Portfolio Loses Some Servicing Market Share in 4Q

  • Agency Market Phones It In, Rate Refis Slow in February

  • Retail Channel Regains Some Share in 2025

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing