WASHINGTON — The nation's top five residential servicing firms now control almost 67% of the housing debt in the United States — another sign that consolidation in the struggling industry is rampant, and that these institutions might be considered "too big to fail."

According to survey figures compiled by National Mortgage News and its Quarterly Data Report, the dollar value of loans for which the five companies owned the servicing rights increased 27% last year, to $6.513 trillion at yearend.

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