Wider Spreads Can Help Originators Offset Negative MSR Marks
National Mortage News, Mar. 9, 2020–Brad Finkelstein (subscription)
Mortgage lenders could benefit from the surge in refinancing due to widening market spreads, and that could help offset damage to servicing rights portfolio valuations, according to Keefe, Bruyette & Woods.
https://www.nationalmortgagenews.com/news/wider-spreads-can-help-mortgage-originators-offset-negative-msr-marks