The Office of Thrift Supervision has proposed a detailed method of valuation for purchased mortgage servicing rights but may relieve institutions of the expense of an outside appraisal if the PMSR don't exceed 25% of core capital.

The proposed thrift bulletin is consistent with, but contains a much more detailed methodology than the current Thrift Bulletin 43, which prescribes a method for valuing excess servicing.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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