Smaller companies that perform residential mortgage servicing are rapidly growing their loan portfolios — and not just in the default servicing space, according to Fitch Ratings.

Among U.S. special servicers with fewer than 400,000 loans, loan portfolios grew by nearly 20% year over year, Fitch reported in its latest quarterly U.S. RMBS Servicer Handbook. Comparatively, portfolio growth for all servicers came in at 2% over 2015's figure.

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