Business Insights
Accounting for Mortgage Servicing Rights
Articles by: Richey May, Sep 08, 2015
September 2015
In mortgage banking, companies originate and acquire mortgage servicing rights as a source of additional revenue and as a natural hedge against the production side of the business. It also enhances their ability to maintain relationships with borrowers as they perform the servicing function. The following white paper discusses the treatment of mortgage servicing rights for both financial statement and tax reporting purposes.