Mortgage Servicing Rights (MSR) Program
TH MSR Holdings LLC (f/k/a Matrix Financial Services Corporation), an indirect wholly owned subsidiary of Two Harbors Investment Corp. (“TWO”), is a leading owner of Agency-eligible MSR assets and through its operational platform, RoundPoint Mortgage Servicing LLC (“RoundPoint”), is one of the largest servicers of conventional loans in the country.
TH MSR Holdings LLC is approved by both Fannie Mae and Freddie Mac to own and manage MSR. Through its MSR acquisition program, it provides multiple execution options including concurrent transfers of servicing (“co-issue”) and subsequent transfers of servicing (“bulk pools”).
Key Benefits:
- One of the largest buyers of MSR over the last decade, providing our partners with a strong and consistent source of liquidity for their businesses.
- RoundPoint’s customer-focused approach provides a high level of service for borrowers through the life of the loan.
- RoundPoint’s subservicing partners have the added benefit of quick and seamless liquidity – without the need for a costly servicing transfer.
Execution Options
CO-ISSUE AND SUBSEQUENT TRANSFER OPTIONS
TH MSR Holdings LLC Co-Issue Program Benefits:
- Consistent, competitive pricing: TH MSR Holdings LLC is one of the largest investors in co-issue MSR, providing its partners with competitive pricing and a permanent source of liquidity
- Integration with Fannie Mae’s Servicing Marketplace (“SMP”); TH MSR Holdings LLC supports all-in funding in SMP
- Standard Purchase and Sale Agreements with market terms
- Technology to support business
- Purchase most Agency-eligible products (eNotes, TPO, affordability programs)
- Streamlined seller counterparty approval process
- Dedicated transaction manager and servicing transfer points of contact
- Multiple document custodian options and streamlined trailing document delivery process
Co-Issue Selling Requirements:
- Must be approved for full-bifurcation through SMP or Freddie Mac 960CB
- Targeted volume of $50mm per month
- 100% MERS
- No FHA, VA or USDA
TH MSR Holdings LLC Bulk Program Benefits:
- TH MSR Holdings LLC is an active participant in the bulk MSR market
- TH MSR Holdings LLC is willing to work directly with sellers, or through a brokered relationship
- Quick time to close with bulk acquisitions averaging 45 days from finalization of bid to settlement
- TH MSR Holdings LLC can accommodate interim servicing periods if necessary
- Standard Purchase and Sale Agreement with market terms
Contact
For more information, please contact:
Rich McRedmond, Senior Director, Head of Trading
(612) 446-5439
Or send new seller requests to: MSR@twoinv.com
