Mortgage Servicing Rights

Incenter Mortgage Advisors launched a new marketplace for buying and selling eMSRs. Mortgage servicing rights are contractual agreements in which the right to service an existing mortgage is sold by the original mortgage lender to another party that specializes in servicing. The eMSR Exchange connects buyers and sellers of co-issue flow offerings online. The Exchange purchases offerings from sellers directly, then acts as an intermediary to buyers. According to projections from Rice Park Capital Management, the MSR market is expected to grow by an additional $1 trillion unpaid principal balance by 2025. It currently totals $14 trillion, which translates to around $200 billion of market value. But values have dipped thanks to an imbalance in supply and demand. Companies now…