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Home » Store » News » Lenders Have Difficulty Growing Servicing Business in Slumping Mortgage Market

Lenders Have Difficulty Growing Servicing Business in Slumping Mortgage Market

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Although some top mortgage servicers managed to continue expanding their business in 2009, most of the industry watched their portfolios shrink as housing sales remained low and property values fell. The top five servicers in the industry administered $6.421 trillion in home loans as of the end of 2009, equaling 59.6 percent of the total market. That was up... [Includes one chart and one graph]
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