New Servicing King Appears on the Horizon as Top Lenders Continue Grabbing Market Share in 2006
August 3, 2006
The top tier of mortgage servicers continued to grow their businesses at a rate faster than the expansion of the overall market during the second quarter of 2006, but pending mergers and shifting strategic approaches to the business promise to create a new order in coming months. Countrywide Financial remained the top servicer in the industry as of the midway point in 2006, according to a new ranking and analysis by Inside Mortgage Finance. The… [One data table included]