Strong Demand from Investors for Mortgage Servicing Rights Even as Regulation Drives Up Servicing Costs
January 30, 2014
Increased compliance costs in recent years have done little to dampen demand for mortgage servicing rights, according to industry analysts. The amount of capital has far outstripped the available supply, said Dashiell Robinson, a managing director at Wells Fargo Securities, during last weeks ABS Vegas conference sponsored by the Structured Finance Industry Group and Information Management Network. William Roehrenbeck, chairman and CEO of Arvest Mortgage Company, said...