2026 Benchmark Results

The first independent subservicer satisfaction index

PULSE℠ (Performance, Usability & Lifecycle Servicer Evaluation) surveyed 53 mortgage banking firms to build the industry’s first data-driven comparison of subservicer performance, rated by the lenders who use them.

Key Findings

What 53 firms told us

27 pt
Satisfaction spread

A 27-point gap separates the highest-rated subservicer from the lowest on a 100-point index.

$12.7B
Lost production volume

HMDA data shows 45 lenders in the study collectively left approximately $12.7 billion in recapture opportunity on the table.

25%
Never reviewed

One in four firms has never conducted a formal, independent evaluation of their subservicing relationship.

56%
Staying out of fear

More than half cite transfer risk and disruption as the primary reason they stay with their current subservicer.

Your Benchmark Portal

What participating lenders receive

Each participant gets access to a secure, personalized portal comparing their subservicer’s performance against an anonymized peer field. The portal includes:

  • Composite satisfaction index with percentile rank
  • Five-dimension breakdown: service quality, borrower experience, escrow and default, recapture support, operational friction
  • Question-level drill-down versus the anonymized peer field
  • Pain-point incidence rates across the cohort
  • Peer satisfaction distributions
  • Custodial oversight benchmarks
  • Illustrative recapture opportunity sized from public HMDA data

Benchmark data is anonymized. Peer subservicers appear as Peer A, B, C. The portal is confidential and prepared exclusively for the participating firm.

How It Works

Three steps to your benchmark

1

Complete the health check

A confidential, 10-minute survey covering your subservicer relationship across five key dimensions.

2

We build your benchmark

Your responses are scored and compared against the full anonymized peer field. No individual responses are shared.

3

Review with an advisor

Receive your personalized benchmark portal and walk through the findings with a Garrett, McAuley & Co. advisor.

PULSE.

Ready to see where your subservicer stands?

Book a call to discuss your results, or participate in the next benchmark cycle. No charge, no obligation.