AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Top Ten See Small Gain.(financial services)(Brief Article)
It's not easy being a servicing giant these days. Receivable "run off" is rampant and valuations are in the dumps.
But with interest rates continuing to rise well above their early summer lows, good news could be on the horizon.
According to figures compiled by Mortgage Servicing News and its affiliate, the Quarterly Data Report, the top 10 servicers as a group increased their market share to 52.09% in the third quarter, a 0.93% share gain compared to the second quarter.
However, some top servicers actually lost market share and saw their volume of home receivables decline, at least by a little bit.
Washington Mutual, Seattle, for example, the nation's largest servicer, saw its base of receivables decline slightly to $722.05 billion from $726.92 billion in the second quarter. Its market share slipped to 10.57% from 10.85%.
But the second-, third- and fourth-ranked servicers - Wells Fargo Home Mortgage, Countrywide Financial and Chase Home Finance, respectively - managed to increase both their portfolios and market shares.
As this ...
- CU Portfolio Sales Rise, But Receivables Decline.(Industry overview)
- Magazine article from: American Banker Jalili, H. Michael February 28, 2007 700+ words
The number of credit unions that sold card portfolios climbed last year, but the portfolios that were sold tended to be smaller than those that changed hands a year earlier, according to a consulting firm that advises on such sales. Last year 69 credit unions sold credit card portfolios with a
- Profit before market share.
- Magazine article from: Nilewide Marketing Review August 14, 2005 700+ words
Conventional wisdom claims that market share is everything, and it is worth sacrificing...and struggles to find the proof that market share creates profitability. Instead it finds...oriented objectives where competing for market share was a kind of warfare. This was in...
- Market Share and Business Rankings Worldwide.(Review)
- Magazine article from: Reference & User Services Quarterly Bliss, Peter December 22, 1998 700+ words
Market Share and Business Rankings Worldwide. Detroit...students or businesspeople who seek market share information know how frustrating it...most libraries don't carry. Gale's Market Share Reporter, a print predecessor to the...
- Athletic Apparel Market Share Report Announced for First Quarter of 2000;...
- Press release article from: Business Wire April 26, 2000 700+ words
...information, has released 1st quarter market share figures for the athletic apparel market...to the 1st quarter of 1999 based on market share dollars, are as follows: Manufacturer...stranglehold on the shirt market, Nike's market share ranks first for headwear (32.7...
- Compaq Increases its Market Share Lead Across Major PC Market Categories In Q4...
- Press release article from: Business Wire March 10, 1999 700+ words
...In addition, the company was the market share leader worldwide and in the U.S...relationships with customers, driving strong market share gains for Compaq." Desktop Sector...as the company's worldwide desktop market share grew to 15.2 percent from 14.4 in...
- Pinnacle Grows Market Share and Total Deposits Faster Than Larger Regional Bank...
- Press release article from: Business Wire October 9, 2008 700+ words
...Inc. (Nasdaq/NGS: PNFP) has grown market share and total deposits faster than its larger...helped the firm gain nearly four points in market share in Nashville. Pinnacle grew market share to 9.56% in 2008, overtaking First...
- Ford Strengthens European Market Share In 2008, Becomes Second Best-Selling...
- Press release article from: PR Newswire January 14, 2009 700+ words
...Ford of Europe increased its full year market share by 0.1 percentage points to 8.6...we were able to improve our overall market share last year thanks to the strongest product...Fleming. The company increased its market share in 15 of its main 19 European markets...
- THE SN LIST; MARKET SHARE OF THE TOP 20 U.S. RETAILERS.(Supermarket...
- Magazine article from: Supermarket News January 13, 2003 700+ words
...wholesalers Supervalu and Fleming. The 2001 market share rankings were adjusted to reflect changes...Date Fiscal Year Ends: 1/31/03 Market Share: 13.0% 2001 Rank: 1 2. KROGER...1 Date Fiscal Year Ends: 2/1/03 Market Share: 7.2% 2001 Rank: 2 3. COSTCO WHOLESALE...
- 3Com Achieves Unprecedented Market Share Leadership in Ethernet Technologies;...
- Press release article from: Business Wire June 11, 1998 700+ words
...COMS) has achieved unprecedented market share leadership in Ethernet technologies...XL desktop NICs and ASICs. Achieving market share leadership in more Ethernet categories...desktop, 3Com has achieved dramatic market share gains and leadership in NICs and, for...
- How important is market share? (Opinion)
- Magazine article from: Management Review Keely, Ann June 1, 1989 700+ words
How Important Is Market Share? Increasingly, the marketing world has focused on market share as the predictor of profitability. The...managers fix their gaze. Setting new goals for market share has become a central component in developing...
Source: HighBeam Research, Top Ten See Small Gain.(financial services)(Brief Article)