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Podcast: Power House
Episode: Jay Bray: The Path to Building a $1 trillion Mortgage Servicing Rights Business
Description: On today’s episode, HW Media CEO Clayton Collins sits down with the CEO of Mr. Cooper Group, Jay Bray. Jay brings more than 25 years of experience to the table, including his time at Mr. Cooper as well as with both Arthur Anderson and Bank of America.Today, he and Clayton reflect on mortgage servicing rights and the two major acquisitions Mr. Cooper has announced so far in 2023: HomePoint Capital and Roosevelt Management Company. They get into why the Roosevelt deal, specifically, might be a game changer for the servicing space, and the current trends they’re seei...