Introduction to Mortgage Servicing Examinations Training - March 2023

Mortgage Servicing Rights, Nationwide MSR Valuation Index

Filing Quarter

Net MSR Ratio

2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4

1.29% 1.19% 1.26% 1.15% 1.34% 1.26% 1.28% 1.35% 1.17% 1.11% 1.25% 1.19% 1.28% 1.39% 1.43% 1.18%

Net MSR Ratio Charts

Net MSR Ratio (A160/(LS020+LS040))

1.6%

1.4%

1.2%

1.0%

0.8%

0.6%

0.4%

0.2%

0.0%

Filing Quarter 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 N.T. this line chart shows whether or not the company changes their MSR valuation model. A flat trend of the line means this company doesn't change the way to calculate value of…