Major commercial bank players in the mortgage servicing business posted generally positive results during the first quarter of 2005, according to a new Inside Mortgage Profitability analysis of call report data. The top 40 bank servicers of mortgages for other investors – typically through securitization activities – reported $1.65 billion in income from this business during the first quarter. That’s up from $1.31 billion during the fourth quarter of 2004, and a 78 percent…