MountainView Servicing Group put another $152 million in
Servicing rights have been “aggressively bid,” making them attractive to lenders facing
The portfolio contains 100% retail, first-lien home loans with about a 40% California concentration.
The MSRs have a weighted average interest rate of 3.66%, or 3.9% on the fixed-rate product.
It also has a $286,682 average loan size, and other state concentrations in New Jersey (33%) and Florida (14%).
The portfolio’s bid deadline is 2 p.m. Eastern on Nov. 20.