Piercy’s Perspectives

Tom Piercy tells it like it is. Tom’s insight on the market and lending industry as reported through numerous trade outlets and publications. 

2023 Servicing Prices

“I wouldn’t necessarily say it’s a buyer’s market, but rather the year-over-year — at least in the first quarter — will show that pricing has settled and buyers are able to be a little more selective,”

– Tom Piercy, President of Incenter Mortgage Advisors

National Mortgage News, 1/9/2023

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Mega-MSR Rumors

There’s a lot of [buyers that] feel there’s going to be a buying opportunity, so I’m struggling with this because based on the volume and what is going to be offered, there’s less than a handful of [buyers] who could actually look at those large deals.” said Tom Piercy, President of Incenter Mortgage Advisors.

– Housingwire, 1/17/2023

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The Great Pivot

“This could be the time many long-time, small-to-midsized originators look to sell their loan origination platform outright or joint venture with the right partner that gets them through these most difficult times.”

– Tom Piercy, President of Incenter Mortgage Advisors

HousingWire, 11/3/2022

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The increasingly vital role of MSR.

As the mortgage market fluctuates, MSR have taken an increasingly vital role in hedging and balance sheet management. In response, IMA continues to bring thought leadership and fresh innovation to our clients’ MSR trading strategies.

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IMA in the News

Incenter’s Piercy, Dowell and Hamrick: Optimizing MSR Trades While Minimizing Risks

Incenter’s Piercy, Dowell and Hamrick: Optimizing MSR Trades While Minimizing Risks

A Bull Year is Ahead for MSR Trading

A Bull Year is Ahead for MSR Trading

5 Ways Mortgage Companies Can Get the Most Out of Their MSRs

5 Ways Mortgage Companies Can Get the Most Out of Their MSRs