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October 20, 2017

Agency Servicing Transfers Caught Fire in 3Q17, Reshaping MSR Market

By John Bancroft

In the third quarter, Movement Mortgage was the top seller of MSR assets via the coissuance market…

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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.

35%

The wholesale/table funder. They’re taking the financial risk.

30%

The broker, but only for the first year. After that, the borrower is fair game.

13%

Hard to answer. It’s a complicated issue.

22%