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Home » MSR Buyers More Cautious These Days; Plenty of Interest, Though Some Investors Have Pulled Back
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MSR Buyers More Cautious These Days; Plenty of Interest, Though Some Investors Have Pulled Back

January 21, 2016
The servicing auction market experienced a flurry of deals at yearend 2015, but investors for the most part have been more cautious about what they’re willing to pay for mortgage servicing rights, given some of the large markdowns that damaged second- and third-quarter earnings. “A lot of investors got hurt by buying during the first half of last year,” said one MSR investor who spoke under the condition his name not be used. “A few of them aren’t bidding anymore.” During the first half of 2015, MSR buyers were willing...
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