New Residential Outshines Mr. Cooper on MSR Markup: $845 Million
National Mortgage News, May 3, 2022–Paul Muolo (subscription)
As most any mortgage banker knows, when rates rise — as they have this year (and rapidly) — servicing rights increase in value.
https://www.insidemortgagefinance.com/articles/224484-new-residential-out-shines-mr-cooper-on-msr-markup-845-million?
