Sales of mortgage servicing rights are on pace to break last year's total, and observers say more big deals are brewing.

Already this year, Source One Mortgage Services has completed sale of $17 billion in servicing rights to Chase Manhattan Mortgage. But several big deals will take place in the months to come, said William Curley, president of Cohane Rafferty Securities, at the chief financial officers conference last week of the Mortgage Bankers Association of America.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.