For the fourth year in a row, the thrift industry in 2004 reported a net loss on the business of servicing mortgage loans for other investors, according to Office of Thrift Supervision data. The industry posted a $62.63 million loss on mortgage servicing rights business in 2004, which was still a significant improvement over the $712.5 million loss the industry recorded in 2003. Wracked by volatile impairment costs and amortization expenses, the MSR business has…