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Home » Store » Taxable » Countrywide Servicing Crashes $1 Trillion Mark as Top Lenders Keep Pulling Ahead

Countrywide Servicing Crashes $1 Trillion Mark as Top Lenders Keep Pulling Ahead

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Countrywide Financial’s massive mortgage servicing business crossed the $1 trillion threshold during the third quarter of 2005, moving the consolidation of the servicing business to a new level, according to a new ranking and analysis by Inside Mortgage Finance. Countrywide became the first lender to break into 13-digit territory by continuing to build its servicing business aggressively in the booming third-quarter mortgage market. The company pushed its servicing portfolio up to $1.048 trillion as… [Two data tables included]
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