The cost to service residential mortgages is rising significantly, according to preliminary research conducted by the Mortgage Bankers Association (MBA).

Speaking at a recent servicing conference MBA Chief Economist Jay Brinkmann said "costs per loan are way up," adding that the reason is loan modifications.

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.