Buyer participation in the GSE MSR flow market is as strong as ever, with PHOENIX receiving 13+ bids on several recent exclusive co-issue offerings. Buyer demand and increased competition from new and established buyers have continued to elevate flow multiples, with pricing rising roughly a half multiple in the last month alone.
With so many buyers in the market, are you confident you are receiving the best execution across price, eligibility, prepay protection and other key terms for your production? A PHOENIX competitive MSR auction will give you access to all available bidders in a setting that puts you in the best position to optimize your true execution.
If you would like to learn more about how PHOENIX can assist you with your MSR strategy and execution options, please contact your PHOENIX representative, or fill out the contact submission form below.