General World News

Freedom Mortgage dominates the MSR market

HW+ House Money

Another large mortgage-servicing rights bulk offering is on the market this week on the heels of a $10 billion MSR package that went out to bid earlier this month. 

The latest deal is being marketed by New York-based Mortgage Industry Advisory Corp., or MIAC. It is a $6.23 billion bulk-sale offering of agency MSRs, with bids due by Jan. 20. The seller is not identified.

“MIAC, as exclusive representative for the seller, is pleased to offer for your review and consideration a $6.23 billion Fannie MaeFreddie Mac, and Ginnie Mae mortgage servicing portfolio,” bid documents for the new MSR offering state. “The portfolio details ⇒

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