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Home » Store » News » Consolidation Colors Subprime Servicing Market in Busy 2002

Consolidation Colors Subprime Servicing Market in Busy 2002

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The best origination year on record helped subprime servicers post strong portfolio growth in 2002. But the year was also marked by consolidation that saw special servicers solidify their hold on the market. According to a new Inside B&C Lending ranking of the top servicers, the volume of subprime loans outstanding grew by an estimated 20 percent last year, to $574.24 billion. Overall, the subprime sector grew
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