Servicing Acquisition

 

You're Selling. We're Buying.

 

You may be searching for a new option when selling your servicing rights. CMC's co-issue servicing acquisition program enables Fannie Mae- or Freddie Mac-approved Sellers to sell Agency direct through the cash window while simultaneously designating CMC as the servicer. CMC’s lack of Agency overlays and competitive pricing translate into an optimal sales channel for your closed loans. CMC strives to make the delivery process smooth by customizing delivery processes for your business.

Contact CMC today to learn how our innovative co-issue platform may be your answer for achieving optimal execution on the sale of your loans.

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Co-Issue Servicing Acquisition Benefits

Process Overview

CMC Funding works to provide exceptional customer service to both our Sellers and borrowers, providing a seamless
MSR transaction. Our process includes unmatched quality assurance and process oversight that provides a layer of protection
for you, the Seller. The below timeline illustrates a high-level view of our process. 

 
 
 

FAQs

We have gathered our Frequently Asked Questions into one place to save you time and provide you with quick answers.

 
1What is co-issue delivery?
If you do not retain servicing but want to sell directly to the Agencies, CMC’s co-issue delivery program serves as the buyer for your MSRs. CMC’s program enables you to sell your Agency-conforming loans direct to Fannie Mae and Freddie Mac while simultaneously designating CMC as your MSR purchaser.
2Why should I sell to CMC?
CMC’s co-issue platform provides you with a new delivery option and competitive pricing for your MSR assets. CMC has the expertise to walk you through set-up and file delivery so that the process is smooth. CMC buys on a continual Flow basis and can customize our technology to fit your needs. We are an experienced partner, offering a flexible option for your best execution strategy. CMC is not a depository servicer and will not cross solicit for banking products.
3Which types of loans does CMC buy?
CMC purchases Agency-eligible products including conforming conventional, TPO, ARMs, and affordable housing products. Contact your Account Executive for the full Seller Guide.
4How do I get pricing from CMC?
CMC’s pricing is customized based on your production. Contact your Account Executive for CMC’s rate sheet.
5What are CMC's Seller Requirements?
CMC buys MSRs from Sellers with a range of annual production volume. Sellers must be approved to sell directly to Fannie Mae or Freddie Mac. Contact your Account Executive for Seller requirements including net worth requirements and the complete Seller Guide.
6What is the first step to become a CMC Co-Issue Seller?
The first step is to get in touch with an Account Executive who will get you a Seller Application and start the process. Call us at (904) 543-0052.
7Once approved, when can I start committing loans?
CMC provides all approved Sellers with detailed training. This is delivered via phone call so that you and your team have every opportunity to get your questions answered. You're also provided with quick start reference guides with step-by-step instructions for committing to the Agency, uploading documents, accepting the trade, transferring MERS and more. We want to help you start selling as soon as you're ready.

Connect With Your Peers

Annual beCONNECTED Summit
Each spring, CMC invites our Patrons, Preferred Partners, speakers and invited guests to come together for 3 days of sharing ideas and best practices. The Summit offers our nationwide network a unique chance to meet face-to-face. 

Insights Webinars
Insights is an ongoing series of Patron-exclusive forums, focused on networking with our nationwide cross-section of CMC members to discuss various topics and solutions impacting mortgage banking.


Learn More

CMC's 2016 Summit

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