Recent News

Current Residential Real Estate Outlook We have seen the media and the news is out—developed countries such as the United States are providing engines for the world economy for the first time in five years as opposed to emerging markets. The question now is how soon will the U.S. make a full recovery to housing… Read more »

Residential Mortgage Servicing Rights (MSRs) Market Update A decline in refinancing volumes, spurred by a sudden rise in long-term interest rates between May and July led to lower mortgage banking income for numerous firms across the sector but opposed to focusing on the negative, let us focus on all of the positives. 1)  Credit qualities are potentially… Read more »

Mortgage Rates since September have been relatively stable and range bound leading to Mortgage Servicing Rights (MSR) valuations that have also stayed in a fairly tight range of +/- 10 basis points over the past quarter. Most of our clients with lower coupon product have stayed within a +/- 5 basis point range. The 30-Year… Read more »