Volume 2014 - Number 5
February 6, 2014
Downloads Available: Top Mortgage Servicers - 4Q13 (30 servicers)
Nonbanks Continued Their Assault on Mortgage Servicing Market in Late 2013, Top Three Take the Right-Hand Lane
Nonbank mortgage servicers continued to grow their portfolios during the fourth quarter of 2013, as market stalwarts pulled aside and gave them room to accelerate, according to a new market analysis and ranking by Inside Mortgage Finance. Nine nonbank companies ranked in the top 30 mortgage servicers as of the end of last year, and they held an estimated $1.69 trillion in mortgage servicing. Several of the top nonbank lenders have not yet reported fourth-quarter earnings, and the groups total servicing could be higher as more data come to light. Moreover, most of the nonbanks have pipelines of pending bulk and flow acquisitions, meaning they will continue...[Includes one data chart]
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