In the Media
Chris Gavin Discusses MSR Financing Demand with National Mortgage News
In the Media
January 13, 2025
Winston & Strawn partner Chris Gavin was quoted in a National Mortgage News article discussing possible issues and risks for mortgage servicers in 2025 should rates continue to track with consensus forecasts and what is on the horizon for mortgage companies and servicers should rates remain flat.
Chris spoke about the secondary market of first-lien mortgage servicing rights, including a growing interest from hedge funds, which are exploring opportunities in this space.
“Demand for MSR financing also will persist,” said Chris, co-chair of the firm’s Structured Finance, Residential Mortgage and Securitization practices. “Hedge funds are still looking to have exposure to the MSR economics.”
Chris also said that some trends in capital markets activity could change, noting that if delinquencies pick up due to some weakness in the economy, there might be more activity involving servicing advance facilities.
