Tepid Increase in Subservicing Contracts During 1Q18. But Three Wild Cards Come Into Play: PHH, Ocwen and Ditech
May 31, 2018
Subservicers increased their base of contracts to $2.19 trillion in the first quarter, a modest 3.3 percent sequential gain, according to survey figures compiled by Inside Mortgage Finance. Compared to the same period a year earlier, contracts increased by 15.3 percent. [Includes one data chart.]