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HousingWire cited Recursion data in a recent article discussing MSR risks.
“Over the first nine months of this year, banks have far outstripped nonbanks in buying up MSR packages. Banks have been net purchasers of MSRs, to the tune of $107.8 billion — compared with $51.1 billion for all of 2021, according to a report by mortgage-data analytics firm Recursion.” Read More In a recent HousingWire article[1] regarding an innovative MSR securitization offered by Freedom Mortgage, the author stated “As of the end of June, according to mortgage-analytics firm Recursion, Freedom Mortgage ranked as the sixth largest all-agency mortgage servicer in the country, with a 4.6% market share and some $380.3 billion in agency loans serviced. Read More
One of the great questions facing the housing markets in 2021 is what will happen when the mortgage forbearance programs under the CARES Act expire. Read More
HousingWire The secondary market, often an afterthought for most participants in the mortgage process, took center stage in 2020. Read More
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