General World News

New Incenter, Prestwick MSR offerings show deal volume remains robust

Two advisory and brokerage firms active in the mortgage servicing rights (MSR) market recently unveiled three new mortgage servicing offerings for agency loan portfolios valued in total at $4 billion.

The new offerings are a sign that MSR trading continues to be healthy, although sources close to market indicate that the dynamics fueling MSR sales have changed since the start of the year — with prices for MSR packages now plateauing.

Denver-based Incenter Mortgage Advisors is currently in the market with a bulk servicing offering for a Ginnie Mae loan pool composed of 7,339 mortgages valued at $1.45 billion, with bids details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com