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Home » Nonbanks Creep Toward 60 Percent of Outstanding Ginnie Servicing and Gain Ground in GSE Market
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Nonbanks Creep Toward 60 Percent of Outstanding Ginnie Servicing and Gain Ground in GSE Market

August 2, 2018
Depository institutions still have responsibility for most agency mortgage servicing, but nonbanks continued to gain share during the second quarter, according to a new Inside Mortgage Finance analysis of agency mortgage-backed securities data. As of the end of June, nonbanks serviced $2.887 trillion of single-family loans in MBS pools is-sued by Fannie Mae, Freddie Mac and Ginnie Mae. That was up 2.8 percent from March and represented ... [Includes two data charts]
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