Winston & Strawn Sponsors, Attorneys Speak at IMN’s Mortgage Servicing Rights Conference 2023

Winston & Strawn was proud to sponsor IMN’s Mortgage Servicing Rights Conference on November 9-10, 2023, in New York. IMN’s Annual Mortgage Servicing Rights (MSR) Forum is the only event that explores the investment, trade, risk management, and service of the MSR asset.

A Winston attorney spoke on the panel, “Financing & Securitization: The Latest Terms, Structures & Deals” at the conference. 

Key Takeaways

• • A general overview of mortgage servicing right financings (ie, secured lending market vs. capital markets), and current issues faced in connection with those structures
  • Current market pricing benefits for servicers to issue term loans versus term notes in master trust structures
  • Freddie Mac views as to the conditional nature of the “servicing contract right,” and implications for excess servicing spread sales
  • Market trends in connection with excess spread sales
  • The distinction between excess spread sales and an XSIO transaction (where the available servicing spread is reduced)
  • Market conditions for servicing advance facilities and the expectations of the Agencies