Demand for MSRs among investors remains steady even as declining interest rates lead to lower valuations for the assets. The supply of MSR for sale could also increase as lenders originate more mortgages.
With the acquisitions of Redfin and servicing giant Mr. Cooper complete, Rocket Mortgage’s executives say the lender is positioned to take advantage of sliding interest rates.
A pause in the National Flood Insurance Program due to the government shutdown has created opportunities for private flood insurance companies to increase their business.