Large Bank Supervision Forum 2023

Internal Use Only

Nonbank subservicers continue to administer ~20% of all 1-4 unit residential mortgages

Source: NMLS Mortgage Call Report data; Urban Institute, Housing Finance: At a Glance Monthly Chartbook

Internal Use Only

Percent of nonbank mortgage servicers with a quarterly net loss increased significantly in 2022

Note: Top 50 MSR Owners = 89% market share among nonbanks (excludes reverse servicing) Top 10 subservicers = 91% market share among nonbanks

Source: NMLS Mortgage Call Report Data