A revival could be underway in bulk MSR sales but the real fireworks may come in the first quarter of 2021. Pricing? It’s headed north, at least for GSE product.
It’s been a quiet year for mortgage-related M&A. (Credit the pandemic and the resulting refi boom.) Meanwhile, some ponder what a normal origination year might look like.
Mortgage originators are so plush with profits that very few need to sell MSRs. Still, servicing deals are getting done. But pricing isn’t exactly robust.