In our Spring 2009 issue we discussed the price differential between mandatory and best efforts execution. We showed you how to make an extra 50 basis points switching from “best efforts” to mandatory delivery. Want to make even more money? Consider selling your loans servicing retained. Climbing delinquencies, historically low interest rates, and industry consolidation have combined to sink mortgage servicing values to one of the lowest points in history.
Many lenders are considering retaining servicing.
Our 3 page paper below goes through the major considerations to help you determine if servicing retained is the right choice.
Cutler Consulting Newsletter Fall 2009
Give us a call if you would like to learn more.
E. Patrick Cutler
[email protected]
803.461.0168