Volume 16 - Number 26
January 4, 2013
Interest in MSR on the Rise, Values May Firm
Investment banking and advisory firms continue to talk about private equity money eyeing the mortgage servicing market, but so far no one has made a major plunge.
Sterling Partners, a Chicago-area equity fund that hired Phoenix Capitals Michael Lau back in the fall, plans to invest several hundred million in MSR, according to industry advisors familiar with the firms plans.
Sterling declined to comment on the subject. Lau, an executive vice president at Phoenix ...
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