Large Bank Supervision Forum 2023

Internal Use Only

Nonbanks continue to service a majority of 1-4 family residential mortgages

Banks have stepped back from Ginnie Mae: a) Top 5 Ginnie Mae servicers are nonbanks b) 23 of top 30 Ginnie Mae servicers are nonbanks c) Nonbanks own ~70% of Ginnie MSRs by UPB

Source: Ginnie Mae Global Markets Analysis Report, February 2023

Source: Inside Mortgage Finance© data

Internal Use Only

Owned servicing volume at 4Q 2022 shows significant growth across large participants, including banks

Source: Inside Mortgage Finance Publications © Top 50 Firms in Owned Mortgage Servicing: 4Q22