As part of The Mortgage Collaboratives virtual conference, 12 Day of TMC, PHOENIX’s Stephen Fleming and Kelton Carter were joined by industry experts to discuss current strategies and best practices that all mortgage banks can follow, focusing on the decision-making process for retaining…
Retaining vs. Releasing: Strategies and Best Practices for Servicing Retention
When is the Right Time for a Bulk MSR Sale?
This year has drastically changed the retention strategy for many MSR originators, and many now have the largest value of MSRs on their balance sheet that they have seen in recent memory. As the MSR asset continues to grow, it…
What Consideration Have You Put Into Your MSR Accounting Recently?
As COVID-19 became a global pandemic and the global financial markets entered a period of uncertainty, the mortgage market experienced a wave of volatility. During this time, many institutions took a hard look at the MSR asset, including the valuation…
Falling Interest Rates
In the past week, interest rates have fallen precipitously and are at levels that we haven’t seen in quite some time. With rates falling the question arises, “What should be your MSR strategy given this environment?” With over 20 years…