Most of the firms looking to buy other shops are nonbanks…

As rates increase, more deals are hitting the market...

Senior Vice President of Issuer and Portfolio Management Michael Drayne said recently the revised acknowledgement agreement could be ready by the end of September.

The identity of the seller was not revealed in the offering circular except to say the company is “well capitalized.”

Potential MSR sellers abound, but what price will they accept?

“Are there bargain hunters out there?” asked one servicing executive. “To some extent, yes.”

Meanwhile, many mortgage companies that specialize in production are posting strong profits…

And one big no-no, the consulting firm points out, would entail the new owner making substantive changes to loan officer compensation plans…

The largest chunk of collateral is located in Florida at 29.6 percent. Maryland is a distant second at 15.3 percent.

IMA’s Piercy noted that deals can get done – as long as the seller is realistic about pricing.