Year-over-year, this metric declined by 100.0%, from $2.37M to $0.00.
Increased spending indicates a strategic push to grow fee-based income, while decreased spending suggests a pullback from the mortgage servicing market.
Cash outflows associated with the purchase of rights to service mortgage loans, which allow the bank to collect fees for...
Common among mortgage-active banks; peers vary based on their specific mortgage banking strategy.
investing_payments_to_acquire_mortgage_servicing_rights_msr| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $9.47M | $0.00 |
| YoY Change | — | — | — | -100.0% |