The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely.

About $180 billion in residential bulk MSR assets were brought to market just in the month of January, “and February will be another huge month as well,” according to Michael Carnes, managing director of the MSR valuation group for New York-based Mortgage Industry Advisory Corporation (MIAC). “This is nearly three times the monthly average witnessed in 2021,” he added. 

Carnes said MIAC has at least six MSR offerings details ⇒

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