Volume 2014 - Number 48
December 18, 2014
Downloads Available: Top Residential Subservicers - 3Q14
Subservicing Volumes Stay Relatively Flat, But Big Drops for BofA, Nationstar, Ocwen
The nationís subservicers, as a whole, reported a modest decline in their business volume during the third quarter, though some firms experienced large declines compared to a year ago, according to exclusive survey figures from Inside Mortgage Finance. The biggest year-over-year decline came at Bank of America, which had just $5 billion in subservicing contracts at Sept. 30, a 78.3 percent drop compared to the same period last year. BofAís decline in the subservicing sector is...[Includes one data chart]
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