Rocket Mortgage has joined forces with Annaly Capital Management, the world’s largest residential mortgage real estate investment trust, as its servicing and recapture partner. Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly. “Rocket is committed to the entire homeownership experience from budgeting and credit…
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…
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