Although market conditions have been increasingly favorable for sales of mortgage servicing rights, prices and trading volume remain at historically low levels, according to MSR brokers. Prices for servicing rights sold on a flow basis have rebounded in early 2005 from their cyclical lows in the third quarter of 2003, said Rodney Schluter, senior VP for sales at Matrix Bancorp Trading, during the recent Mortgage Servicing Asset and Risk Management Conference.