Lakeview Loan Servicing remained the largest player in the agency servicing market at the end of the first quarter, but the industry’s biggest-ever servicer is in the wings. (Includes two data tables.)

Nonbanks accounted for 65.2% of the residential mortgages originated in 2024. All of the top five lenders were nonbanks and they all gained market share. (Includes two data tables.)

After noting a decline in market share during the second quarter, nonbanks increased their share of originations to 65.5% in the third quarter. The increase was driven by the largest nonbanks.