Wilary Winn presented this Mortgage Servicing Rights seminar on June 27, 2005, focusing on information about the valuation of MSRs, required repurchases and fraud issues, as well as the accounting requirements.
The required accounting was subsequently slightly amended and we recommend that you read our Accounting & Regulatory Reporting for Mortgage Servicing Rights for the up-to-date requirements. Given what happened in the mortgage marketplace subsequent to 2005, readers could find the slides on fraud to be particularly interesting.