On January 6, Housing Wire ran an article titled “2022 opens with a big MSR bulk-sale
offering” in which they report that large volumes of sales activity at the start of 2022 point to a robust deal year ahead. They cite Recursion data on the growth in total Agency MSR transactions in 2021 compared to the previous year to provide perspective on the strong momentum in deal flow.
“Year to date through Dec. 1, 2021, a total of $693 billion in agency mortgage servicing rights were transferred through sales transactions, of which nearly $550 billion involved nonbanks, according to mortgage-data analytics firm Recursion. That’s up significantly from the same period in 2020, when a total $385 billion in MSRs were transferred, with the bulk of those transactions involving nonbanks as well. The report encompasses transfer-transaction activity involving Fannie Mae, Freddie Mac and Ginnie Mae MSRs.”
The article can be found here:
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