Items Tagged with 'servicing portfolio'

ARTICLES

  • Big banks release their hold on mortgage servicing industry

    But regional bank servicers on the rise
    Many of the big banks are among the nation’s top mortgage servicers by portfolio volume, however they are slowly beginning to release their hold on the market. Ongoing regulatory scrutiny is continuously pushing banks further away from servicing residential mortgage loans even as nonbanks continue to grow stronger.
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  • BofA shrinks its delinquent loan portfolio

    But legacy mortgage issues are far from gone
    In three years, Bank of America managed to reduce its loan servicing portfolio by nearly 50% as the firm leaned heavily on subservicing agreements and sold off mortgage servicing rights, analysts with Moody’s Investors Service claim in a new report.
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