• Dallas
  • Denver
  • Houston

MorVest analystics

MSR Asset Valuation and Risk Management Services

MorVest Analytics is the right choice for valuations, analysis and management of the MSR asset:

  • We have unmatched experience. Two of our founding shareholders have over 25 years of experience buying, selling, hedging, managing and valuing MSR assets (both as consultants and principals).
  • We utilize state-of-the-art valuation tools including CompassPoint valuation software and Andrew Davidson & Co Vectors prepayment models. This software provides robust and flexible reporting which can be tailored to each client's needs.
  • We have been in the business of doing independent MSR valuations for the past 20+ years and currently perform valuations for dozens of banks and mortgage companies. We are also MSR brokers which greatly enhances our understanding of market data and valuation assumptions.
  • Our valuations reports are accepted by all major accounting firms and banking regulators.
  • Two of our founding shareholders are current/former CPAs and understand generally accepted accounting principles (GAAP) as relates to management of the MSR asset. We provide the appropriate GAAP valuation analysis and footnote disclosure information.

Our MSR analytics related services include:

  • Basic Valuations - includes loan level stratification, assignment of market based assumptions and valuations in accordance with ASC 820.
  • Enhanced Valuations - includes proprietary cash flow profiles, sensitivity analysis, rate shock analysis and delinquency profiles. Our rate shock analysis is very comprehensive and used by many clients who hedge or outsource the hedging of their MSR asset.
  • MSR Accounting Support - for clients choosing either the Amortization Method or Fair Value Method under ASC 860.
  • Daily FV MSR Tracker – data compiled daily which tracks primary/secondary rates and spreads to enable clients to track fluctuations in valuation of MSR portfolios.
  • Initial Capitalization Guidance - proprietary interface to determine appropriate initial capitalization level for MSR assets given unique loan characteristics (SRP grid). We can also provide assistance integrating this data into best execution model to facilitate optimized MSR retention strategy.

For more information about our services including request for pricing, please contact John Sullivan.