HomeServices adds mortgage servicing through Prosperity
Prosperity originates nearly $9 billion a year and had typically sold servicing rights after closing.
Prosperity originates nearly $9 billion a year and had typically sold servicing rights after closing.
BELLINGS Intelligence Score: 12
Why it matters
HomeServices adding mortgage servicing through Prosperity is a routine business expansion within mortgage servicing, involving a known originator that typically sells servicing rights; it does not represent a novel structure or systemic impact.
Sources
HousingWire
HomeServices adds mortgage servicing through Prosperity
Prosperity originates nearly $9 billion a year and had typically sold servicing rights after closing.