Looking to book a profit in 2025? There’s still time to sell servicing rights, but delays could up-end the equation.

Sales of mortgage servicing rights have slowed as 2025 winds down but valuations on this sought-after asset remain quite attractive.

There was nearly $2 trillion in agency mortgage servicing with coupons over 6% at the end of the third quarter, a bounty of refinance business if mortgage interest rates decline. (Includes two data tables.)

Certain mortgage companies are comfortable using AI voice bots to interact with borrowers, seeing gains in efficiency. Others are using the technology in non-customer-facing activities.

Annaly Capital Management is buying a portfolio of lower-coupon MSRs from Pennymac, and also tapping Pennymac as subservicer of the portfolio.

Western Alliance is tweaking the subservicing chores at its correspondent unit. The bank also is pondering selling more MSRs.

Ginnie Mae’s share of total servicing outstanding rose to 18.1% as of the end of June. Meanwhile, banks are adding to their servicing. (Includes two data tables.)

Economists at Fannie Mae and the MBA differ on how low interest rates on mortgages will go next year. Fannie is also more optimistic about the outlook for unemployment.

There’s nothing like falling interest rates to nudge a mortgage company to sell MSR. But what if rates decline more than anticipated?

loanDepot’s common now trades for almost $5.00 a share after being close to $1.00 for much of the year. Theories for the shift include factors specific to the company or signs that the industry is turning the corner.