When rates skyrocketed, mortgage servicing reset the board. The next battle is about to begin
Housing Wire
AUGUST 26, 2024
trillion unpaid principal balance (UPB). Additionally, Mr. Cooper ranks as the fourth-largest holder of MSRs, considering both whole loan portfolios and servicing rights, with $676 billion at the end of June—an increase of 70% over two years, according to Inside Mortgage Finance. Cooper had become the largest U.S. That’s our goal.”
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