Welcome to Level1Analytics

9/30/2012 MSR Values

The third quarter MSR values for several of the larger servicing companies have been published in each of their respective 10Qs.  The results are summarized below:

10q_2012_09

As you can see, MSR values have continued there inexorable slide, but at a slowing rate. The weighted average value was 109 basis points as of year-end 2009, it dropped to 99bps at year-end 2010, 68 at 12/31/2011, and now it has declined to 61 basis points. The good news is that 61 is only 3 bps lower than it was in June. Maybe we are approaching, or have hit, bottom.

Leave a Reply

  • (will not be published)

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>