MSR Value Growth & Market Trends
13 |
PROPERTY LISTINGS NOW RISING AT XOME AUCTION EXCHANGE
Next Generation Technology Platform Investments
Exchange Property Listings (thousands)
17.8
al
Strengthen platform capabilities
Improve user experience
Redesign website / Search engine
optimization
Modernize workflow engine for
faster speed
Enhance branding / messaging
6.8
1Q'18
2013
Xome Exchange
platform is launched
xome
5.6
3Q'18
6.6
Building Phase
.
ā
1Q'19 3Q'19
6.7
2019
Last full-year of normalized
performance pre-COVID
10K homes sold
$79 million in revenues
25% 3rd party revenue
15.1
2020-
2021
14.2
1Q'20 3Q'20 1Q'21 3Q'21
Optimization & Growth
COVID-related mortgage
forbearance programs and
foreclosure moratoriums
reduced volume inflows to
Xome by ~90%
14.9
Modernization initiative
undertaken to upgrade Xome
Exchange technology platform
2022
Resumption of
foreclosure sales
Mr. CooperGroupView entire presentation