Getting the Most From MSRs

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Treliant Takeaway:

Treliant’s Corporate & Regulatory Compliance (RCRM) team can help with any mortgage needs. Whether you are retaining, selling, or acquiring servicing, Treliant can help. Treliant can help you assess your servicing, improve your processes, and determine whether you are considering the tips in the article from National Mortgage News.

Article Highlights:

On April 1, 2022, Bonnie Sinnock from National Mortgage News published a timely article with key considerations for getting the most out of retaining mortgage servicing rights (MSRs). As interest rates rise and refinance volumes decline, deriving income from MSRs has become a focus for lenders to increase income. She cites 5 ways lenders who retain their MSRs can get the most out of them.

  • Ask about fees when shopping for MSR financing
  • Cut conveyance costs
  • Analyze retention rates by loan channel
  • Examine differences in escrow, remittance, and markets
  • Know how competitive subservicing and tech offerings are

For those of us who have been in the mortgage industry for a long time, know that these are not new considerations. But they reinforce the cyclical nature of this business and how we are back to relying on servicing in a rising interest rate environment.