Mortgage servicing rights on hundreds of millions of dollars in agency loans with a Midwest concentration are being offered for sale to the highest bidder.
The offering is for MSRs on 4,583 agency single-family loans that had an aggregate unpaid principal balance of $761.547 billion as of Nov. 30.
Comprising the total are $318.159 billion in Ginnie Mae loans, $242.304 billion in Freddie Mac mortgages and $201.083 billion in Fannie Mae loans.
Source: Mortgage Daily
