Capital Rule Change Could Spur More Bank Interest in Servicing
National Mortgage News, Mar. 26, 2018–Bonnie Sinnock (subscription)
A proposed regulatory change could jump-start more bank interest in mortgage servicing rights this year. The capital simplification proposal, which increases the percentage of Tier 1 capital that can be made up of MSRs to 25% from 10%, would reduce the pressure on banks to sell MSRs.
