Volume 2014 - Number 25
June 26, 2014
Downloads Available: 1-4 Family Mortgage Servicing Outstanding - 2003-1Q14
Downloads Available: Top Mortgage Servicers - 1Q14 (100 servicers)
Mortgage Servicing Market Shrank Again in Early 2014; Nonbanks Continue Building Market Share
The supply of mortgage debt outstanding declined again during the first quarter of 2014, slipping to its lowest level in eight years, according to new Federal Reserve data. There was a total of $9.851 trillion of home mortgages outstanding as of the end of March, down 0.4 percent from the previous quarter. The mortgage servicing market has been in almost constant decline since midway through 2008, with a modest bump higher in the third quarter of last year after a relatively strong rally in housing activity. Even the agency mortgage servicing market lost...[Includes two data charts]
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