FSOC recommends more regulation and liquidity for nonbank servicers
Housing Wire
MAY 13, 2024
In 2022, they originated nearly two-thirds of mortgages, compared to 38% in 2008. Meanwhile, they owned servicing rights on 54% of mortgage balances in 2022, up from 4% in 2008. The attention on nonbank mortgage companies have increased since their expansion following the financial crisis of the late 2000s.
Let's personalize your content