Loan servicing rights on more than $2 billion in agency home loans are being marketed for sale. The loans are geographically distributed, and nearly two-thirds of loans were third-party originations.
The offering includes mortgage-servicing rights on 14,112 single-family loans that collectively had an unpaid principal balance of $2.106 billion as of May 31.
Fannie Mae A/A loans account for 17 percent of the loans in the offering, Freddie Mac Gold mortgages represent 35 percent, 3 percent are Ginnie Mae mortgages and 45 percent are GNMA II loans.
Source: Mortgage Daily