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Home » News » Interest in ‘Flow’ and ‘Bulk’ MSRs Gets Hot, Does Vericrest Want to be the Next Ocwen?
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Interest in ‘Flow’ and ‘Bulk’ MSRs Gets Hot, Does Vericrest Want to be the Next Ocwen?

May 9, 2013
Two months ago, if you asked a broker of mortgage servicing rights how the market was doing, he would have said “decent.” But today, it’s a different story with the words “great” and “hot” getting muttered frequently. Over the past 60 days, several large flow and bulk MSR deals have been sent out for bid, many of which have been non-legacy offerings. Sellers are more willing to part with new MSR packages, product that is deemed to be of the highest quality with little chance of prepaying thanks to the ultra-low interest rates of today. And just how hot is the market? Interactive Mortgage Advisors, Denver, is wrapping up...
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