For two years the outstanding dollar amount of U.S. mortgage debt — in other words, mortgage servicing rights — has been falling steadily in the wake of the nation’s housing crisis. But it appears the 24-month slide has officially ended.

According to exclusive survey figures compiled by ASR sister publication National Mortgage News and the Quarterly Data Report, servicing balances totaled $9.19 trillion at June 30, compared to $8.9 trillion at March 31. In total, residential servicers nationwide added $290 billion of consumer debt to their portfolios.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.