A bulk offering of mortgage-servicing rights on government-sponsored enterprise originations includes rights on more than $1.4 billion in loans.
MSRs on Fannie Mae and Freddie Mac mortgages with an aggregate outstanding principal balance of $1.45 billion are being offered for sale.
A majority of the loans were originated through the retail channel. Properties securing two-thirds of the loans are in Texas and Colorado.
Source: Mortgage Daily