Top-50 U.S. mortgage servicer BSI Financial Services has a similar strategy as other major players when it comes to acquisitions of mortgage servicing rights (MSRs) — focusing heavily on high-performing notes backed by Fannie Mae, Freddie Mac and Ginnie Mae.

Allen Price, the company’s senior vice president of sales, transaction and client management, said that when it comes to the customer retention equation that servicers must solve, MSR pools that are weighted toward lower-rate notes tend to have fewer concerns.

“We look for low-coupon assets, but low-coupon performing assets, and I think what has happened is the volume has kind details ⇒

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