Mortgage industry veteran Ruth Lee has joined MorVest Capital, a financial services advisory firm specializing in mortgage banking liquidity and capital solutions, as executive vice president.
In a release, David Fleig, CEO of MorVest, says Lee is “an amazing talent with deep mortgage industry knowledge, and we are truly excited to add her to our executive team.”
“Many mortgage bankers have retained servicing as a hedge against the inevitable downturn in origination volume,” Lee says. “As origination flags, making seasoned, prudent decisions to optimize those assets is critical. I wanted to work with a team of seasoned, creative thinkers, who understand both MSRs and mortgage banking.”
MorVest Capital is expanding its liquidity and MSR advisory services to fill the gap as mortgage bankers consider their next move in a new landscape.
Finding liquidity is more nuanced than just selling off MSRs. With decades of balance sheet experience, MorVest offers multiple avenues to bolster liquidity and capital, from MSR financing to mezzanine capital placement.