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Home » Store » Inside Mortgage Trends » As Year Draws to a Close, a Rush to Get Servicing Packages Sold; Pricing Firms Up

As Year Draws to a Close, a Rush to Get Servicing Packages Sold; Pricing Firms Up

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Inside Mortgage Trends

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The bulk market for mortgage servicing packages is revving up once again as October draws to a close and deal makers try to wrap up transactions before yearend, allowing clients to book income. “I would say that right now the market is pretty good,” said one investment banker. “Pricing is firm, but not as good as it was earlier in the year. Still, it’s the best it’s been in a few months.” Part of the reason for that strength is rising interest rates. As the week draws to a close, the yield on ...
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