= Subscriber content; log in or subscribe now to access all American Banker content.

Mortgage Lenders Sell Cash-Cow Servicing Rights to Survive

After slogging through several quarters of high expenses and shrinking profits, some lenders are now selling mortgage servicing rights to raise cash to cover payroll and expenses, industry sources say.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.