Q2 2024 Valuations Interview with David Burruss

Q2 2024 Valuations Interview with David Burruss

We asked MCT’s Director of MSR Sales, David Burruss, to sit down and provide insight regarding MSR valuations as it pertains to the current market. In this video, Mr. Burruss discusses industry trends and answers the questions that the majority of clients are currently asking him. Watch the video to hear his summary and advice on MSR Valuations.

MSR Market Monthly Update – June 2024

MSR Market Monthly Update – June 2024

Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a slight retreat from their end of April highs, closing the month of May with robust gains over end of Q1, 2024 levels. Mortgage rates managed to end the month of May with a decrease of about thirteen (13) basis points, while float income rates decreased by about the same amount during the same period. MSR portfolio holders should expect a moderate value decline in the range of one to four (1-4) basis points from the end of April results. However, those decreases will vary depending on portfolio vintages and other portfolio characteristics such as agency and GNMA mix. The downrate risk and its potential impact on MSR values will persist as we navigate through the balance of 2024.