Efforts to bring back a private-label residential mortgage-backed securities market have not been quick nor wholly successful at this point.
Let's assume that the recent downdraft in rates won't get any worse and then ask this very basic question: will those buying MSRs at today's rock bottom prices look like geniuses when the smoke finally clears?
What does the future hold for the GSEs? Combined agencies? A GSE for nonconforming?
John Robbins has created mortgage production platforms from scratch before, but his latest venture was in at least one way a little more difficult because of how the industry environment has changed in the past few years.
Twitter
Facebook
LinkedIn
FOLLOW US
Already a subscriber? Log in here
Please note you must now log in with your email address and password.