Advantages of Real-Time MSR Data and the Impact on MSR Valuations
With the run up in servicing valuations and portfolio sizes in the wake of the COVID-19 crisis, a new level of scrutiny is warranted on mortgage servicing rights (MSR) portfolios. The industry is accustomed to reviewing pipelines daily for profitability, risk exposure and data [...]
4 Concepts to Consider When Refining Your Hedging Strategy
Many metrics contribute to a successful mortgage pipeline hedging strategy. While measurements such aspull-through rateare generally understood, others—such asduration—offer an opportunity for deeper knowledge across the mortgage industry.
Riding the Latest Margin Compression Wave
Last year was a good year for expansion, with many lenders taking advantage of high margins and strong demand for mortgages and refinances. Lenders had more business than they could handle, and were doing everything possible to close all the loans in their pipelines. This year [...]
Have We Seen The Worst Of The Pricing Stress For Non-Owner-Occupied Properties?
- Loan pipeline data from Black Knight’s Secondary Marketing Technologies group shows the percentage of non-owner-occupied and second-home loans originated has decreased from 10.3% to 6.7% since April 1
- Despite the bulk pricing on second-home loans decreasing an additional 50 [...]
Stressed Bulk Aggregator Pricing Continues for Non-Owner-Occupied Properties
- Loan sale data from Black Knight’s Secondary Marketing Technologies group shows bulk pricing on second homes faded approximately 50 basis points over the last two weeks
- Additional loan sale data from the group shows bulk pricing on investment properties increased approximately [...]
Observing the Secondary Marketing Impacts of GSE Caps on Non-Owner-Occupied Properties
- Loan sale data from Black Knight’s Secondary Marketing Technologies group shows bulk pricing on investment and second homes fading by approximately 75 basis points in the last month, following the GSE announcement
- Lenders need to take an active approach to applying extra margin [...]
In the Game of Recapture, Your Data is the MVP
It’s cheap, yet valuable. It’s critical to retention, yet easily accessible.