Nonbanks Ride MSR Valuations to Higher 1Q22 Earnings

Inside Mortgage Finance, May 25, 2022–Brandon Ivey
Nonbank mortgage companies reported stronger earnings on a sequential basis in the first quarter of 2022, according to a new Inside Mortgage Trends analysis of 16 public companies. The results were largely driven by markups to valuations of mortgage servicing rights as originations were squeezed.
https://www.insidemortgagefinance.com/articles/224699-nonbanks-ride-msr-valuations-to-higher-1q22-earnings?v=preview