Ranking of Top Servicers Little Changed in Third Quarter as Overall Market Still Idling
November 5, 2009
Top mortgage servicers continued to tread water in the third quarter of 2009, as slumping origination volume and weak housing markets kept the industry at a standstill. Five of the top 10 servicers in the industry saw their portfolios decline slightly during the quarter, and preliminary data suggest that the overall market declined by 0.4 percent from the end of June. At the top of the ranking, Bank of...