Shellpoint handled servicing on 32.3% of the non-agency MBS issued during the third quarter. (Includes data table.)

The total amount of nonprime servicing handled by a group of 20 specialists continued its upward trend, unbroken since 2020. (Includes data table.)

Jumbo servicing portfolio volume was nearly unchanged from the second quarter to the third. Larger banks saw declines in portfolio sizes. (Includes data table.)

Planet Management Group is increasing its non-agency servicing portfolio and recently received an upgraded rating.

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.

Overall nonprime mortgage servicing portfolios remained steady in the second quarter despite some sizeable increases at some servicers. (Includes data table.)

Chase remained the top servicer of jumbo loans in the first quarter, according to a new ranking and analysis by Inside Nonconforming Markets. (Includes data table.)

Select Portfolio Servicing added more servicing volume from non-agency MBS than Shellpoint Mortgage Servicing in the second quarter. (Includes data table.)

Servicers must adjust their thinking on delinquencies, reserves and collections when the borrower is an investor rather than an occupant.

Select Portfolio Servicing continued its reign as the top nonprime mortgage servicer with an estimated $162.0 billion portfolio as of the end of March.