Thrifts Reap Increasing Profits from Servicing, Even as MSR Balances Remain Comparatively Low
November 30, 2007
The market forces that have all but stalled mortgage originations have increased the profitability of the mortgage servicing business. Thrifts’ servicing income for the first three quarters of 2007 was up 200.7 percent compared with... [Includes one chart and one graph]