Volume 2014 - Number 34
September 11, 2014
Downloads Available: Top Residential Subservicers - 2Q14
Growth in Subservicing Activity Begins to Ebb; Dovenmuehle and Cenlar Continue to Dominate
The volume of mortgages subserviced for others declined slightly in the second quarter, but still face bright prospects as many firms contemplate outsourcing the processing chore to specialists that can effectively handle an increasing array of compliance regulations. The nation’s three largest subservicers – Dovenmuehle, Cenlar and PHH Mortgage – had a combined subservicing market share of 55.8 percent at June 30, dominating the sector, according to exclusive survey figures compiled by Inside Mortgage Finance. On a sequential basis, Dovenmuehle grew...[Includes one data chart]
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