Banking / white paper
Streamlining MSR Transfer: Blockchain Shows the Way
Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Banking / white paper
You have these already downloaded
We have sent you a copy of the report to your email again.
Blockchain paves the way to seamless MSR transfers
Ensuring a smooth process for purchase and sale of mortgage loans and their servicing rights in the US mortgage market is important for maintaining liquidity and revenue generation. The existing process, with its inherent complexities and error-prone manual interventions, can potentially have adverse outcomes for borrowers. As a result, regulators have come down heavily on servicers. The industry needs to find a way to enable smooth transfer of servicing rights and ensure service continuity while also complying with regulations.
In our view, mortgage servicers must examine the possibility of adopting blockchain to minimize the complexities and risks involved in the transfer of servicing rights. This will require servicers to:
Find out more