Incenter launches eMSR Exchange for co-issue flow offerings

By Flávia Furlan Nunes, HousingWire | May 18, 2023

New marketplace connects MSRs buyers and sellers and provides pricing 24/7

Denver, Colorado-based Incenter Mortgage Advisors (IMA) on Thursday announced the launch of a new digital mortgage servicing rights exchange. The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7.

Co-issue loan sales, also known as flow-based mortgage servicing rights sales, are three-way transactions involving the sale of loans to one of the agencies, with a simultaneous sale of the MSRs to a separate third party. These transactions gain momentum when markets are difficult – with lower volume and tighter margins – and cash flow management becomes essential to originators.

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