Nearly 0M MSR offering hits the market

Nearly $300M MSR offering hits the market

MIAC Analytics is marketing a large mortgage servicing rights portfolio on behalf of a lender with a big book of business in California. The portfolio consists of $292.91 million in Fannie Mae,... Read more »
Nearly 0M MSR offering hits the market

MSR sale could improve NYCB capital ratio by up to 15bps: KBW

Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights (MSR) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). ... Read more »