MountainView Floats $305MM Fannie Mae MSR Package

MountainView Servicing Group, Denver, is auctioning off a $305 million package of Fannie Mae servicing rights for an undisclosed seller.

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According to the firm, the package has low delinquencies and the underlying collateral was funded through retail (60%) and wholesale (40%) means.

The brokerage is requesting that bids be submitted by the end of next week.

Currently, there are a handful of MSR packages out for bid including offerings from Interactive Advisors, and Phoenix Capital, both of Denver.

Phoenix this week is taking final bids on a $35 billion package of MSRs being sold by Bank of America.


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