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Home » Store » News » Regulators Haven’t Spooked MSR Market, Yet

Regulators Haven’t Spooked MSR Market, Yet

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Between now and yearend, it should be a seller’s market for mortgage servicing rights, as long as the seller isn’t trying to unload legacy or “high-touch” product. Legacy deals – at least large ones – continue to be a non-entity in the market as buyers are focusing on smaller MSR packages tied to relatively new originations. One recent legacy deal that was scuttled entailed the sale of roughly $800 million in Ginnie Mae MSRs by Ocwen Financial. Industry advisors familiar with the situation aren’t sure why ...
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