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Phil Laren, Founder of PB Pacific Partners, joins the broadcast to discuss the risks and benefits of acquiring and/or retaining mortgage servicing rights.
Mr. Laren has been involved in mortgage banking capital markets and risk management for over 25 years. He is well known for developing financial models with applications to servicing value, pipeline hedging, optimal use of options for both servicing and pipeline hedging, as well as profitability and best execution models.
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It's good to talk.