It stands to reason that rising rates would fuel servicing valuations. Some brokers expect a strong second quarter in sales, with the third quarter even better.
Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?
Suddenly, it’s a great time to sell servicing rights. But if too many offload receivables at the same time, prices could suffer. A conundrum in the making?