Volume 2014 - Number 30
July 31, 2014
Downloads Available: Top Mortgage Servicers - 2Q14 (30 servicers)
Downloads Available: Top Agency MBS Servicers - 2Q14
Nonbanks Continue Assault on Mortgage Servicing Market, More Business Shifts to Smaller Institutions
Non-depository institutions aren’t letting a relatively stagnant mortgage servicing business stop them from continuing to build market share, according to a new Inside Mortgage Finance analysis and ranking of mortgage servicers at the midway point in 2014. Nonbanks that ranked among the top 30 servicers as of the end of the second quarter serviced an estimated $1.792 trillion of home mortgages, an increase of 12.4 percent over the past year. Depository institutions serviced considerably more – $5.142 trillion – but their aggregate portfolio was down 7.8 percent from the midway point in 2013. The shift to nonbank servicing from the first quarter was...[Includes two data charts]
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