While residential mortgage lenders are facing tough headwinds driven by rising interest rates and low housing volume, the current market presents opportunities for savvy investors looking at mortgage servicing rights (“MSRs”). The current mortgage market is supported by non-bank mortgage originators and servicers who lack the same access to capital and liquidity as traditional banks.
Lauren Pryor
Lauren Pryor is a Financial Services Regulatory & Enforcement partner and co-head of the Financial Institutions M&A group.
Lauren focuses on M&A in the financial services industry, including complex stock and asset-based transactions, full equity deals, PE investments, JV arrangements and transfers of assets including residential mortgage loans, consumer loans, business purpose loans, mortgage servicing rights and credit card receivables. Lauren frequently represents depository institutions, financial sponsors, mortgage companies and investment funds in such matters.
Mayer Brown partners speaking at IMN’s residential MSR forum
Mayer Brown Partners Paul Jorissen and Lauren Pryor will speak at the 6th Annual Residential Mortgage Servicing Rights Forum being held April 15-16, 2019 in New York City. This conference explores the key industry issues, including the origination trends, views from the regulators, and more.
Paul Jorissen will moderate the panel on “Financing in the MSR Market” and Lauren Pryor will moderate the panel on “Buying a Mortgage Servicer/Originator vs. Rights vs. Subservice” on April 15.
Continue Reading Mayer Brown partners speaking at IMN’s residential MSR forum
Freddie Mac’s investor reporting changes
Freddie Mac is revising its reporting cycle for greater alignment with Fannie Mae and Ginnie Mae, and to help pave the way for Fannie Mae’s and Freddie Mac’s joint initiative to develop a single mortgage-backed security for issuance by both. Read more about it here.
Continue Reading Freddie Mac’s investor reporting changes