Residential Mortgage Servicing Rights
With 350 clients, we are one of the top providers of MSR valuations to community financial institutions.
Why Choose Us
We are nationally recognized experts in residential mortgage servicing rights (MSRs) and have led seminars on the subject for the AICPA, the FFIEC, the Federal Home Loan Banks and many of the nation’s largest accounting firms. Thousands of people have relied on the guidance we provide in our white papers and presentations on mortgage banking. We are the only valuation firm with a deep knowledge of the Federal Home Loan Banks’ Mortgage Partnership Finance Program® (MPF®) and have developed several tools related to it for our clients:
- Accounting and Regulatory Guidance for the Mortgage Partnership Finance Program®
- MPF® SSFA Calculator
- A Guide to Reporting Under BASEL III for FHLB MPF® Program Participants
Our Approach
We provide a comprehensive and cost-effective approach to the valuation of MSRs. We run our valuations at the individual loan level, which we strongly believe produces the most accurate results. Our reports highlight the changes in the expected values of the MSRs under various marketplace assumptions, so that our clients understand the potential economic risks and rewards of retaining servicing under different economic conditions. Wilary Winn’s reports include detailed descriptions and rationale for the key valuation assumptions.
In addition to valuing the loans, Wilary Winn also helps our clients with the initial and ongoing accounting. As part of our valuation process, we provide a loan level file that facilitates the recording of newly created MSRs and amortization of existing and newly created MSRs.
Please let us know if you would like to see an online demonstration of the accounting.