The result was that nonbanks at the end of September accounted for 49.1% of the top-50 market, a measurement that includes a substantial volume of subservicing.
Chuck Klein, managing partner at Mortgage Banking Solutions, describes the current M&A atmosphere as “pretty quiet.” Still, he’s working on a handful of deals...
Black Knight tracks daily performance data on over 23 million mortgages covering more than 60% of the market. MBA’s survey encompasses 38 million loans from roughly 50 servicers.