Mortgage servicing rights are for sale on over $1 billion in government-sponsored enterprise loans with a California concentration.

FNMA A/A mortgages account for 3,640 units that had an aggregate unpaid principal balance of $0.909 billion as of Jan. 31.

Another 1,232 of the residential loans are FHLMC ARC mortgages with a collective unpaid principal balance of $0.264 billion.

Source: Mortgage Daily