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Volume 2018 - Number 21

May 31, 2018

Downloads Available: Top Residential Subservicers: 1Q18


Tepid Increase in Subservicing Contracts During 1Q18. But Three Wild Cards Come Into Play: PHH, Ocwen and Ditech

Subservicers increased their base of contracts to $2.19 trillion in the first quarter, a modest 3.3 percent sequential gain, according to survey figures compiled by Inside Mortgage Finance. Compared to the same period a year earlier, contracts increased by 15.3 percent. [Includes one data chart.]

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.

17%

11% to 25%. It’s a challenging market.

48%

25% to 40%. It’s going to be very ugly.

24%

No opinion.

11%