Smaller servicers of distressed residential loans have seen the size of their servicing portfolios expand a faster pace than their larger servicing counterparts.
Among special servicers that service fewer than 400,000 home loans, the size of their servicing portfolios have grown 20 percent on a year-year-basis.
But at all servicers of loans included in residential mortgage-backed securities, weighted-average portfolio growth was just 2 percent during the same period.
Source: Mortgage Daily