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How Has The Third-Party Mortgage Servicing Portfolio For The Largest U.S. Banks Changed Since 2011?
NASDAQ, Mar. 28, 2016–Trefis
The total third-party mortgage servicing portfolio for the 5 largest U.S. banks has shrunk by nearly 9% annually over the last five years, as stricter capital requirements and poor quality of legacy mortgages forced the four largest banks to reduce their presence in the mortgage servicing industry.