Earlier this week, Wells Fargo announced its decision to acquire mortgage servicing rights (MSRs) worth $51 billion from Seneca Mortgage Investments in a move that will reverse the trend of a steady decline in the bank's third-party MSRs nearly each quarter since late 2012.
Wells Fargo's Mortgage Servicing Portfolio To Grow Thanks To Deal With Seneca
Forbes - 8 Sep 2017 21:53
Earlier this week, Wells Fargo announced its decision to acquire mortgage servicing rights (MSRs) worth $51 billion from Seneca Mortgage Investments in a move that will reverse the trend of a steady decline in the bank's third-party MSRs nearly each quarter since late 2012.
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