Milliman acquires Blue Water MSR hedging unit from Apex

Milliman Acquires Blue Water Mortgage Servicing Rights Valuation and Hedging Services from Apex Analytics

SEATTLE--(BUSINESS WIRE)--Jul 27, 2026-

Milliman acquires Blue Water MSR hedging unit from Apex

Consulting firm Milliman has acquired Blue Water mortgage servicing rights (MSR) valuation and hedging services from Apex Analytics Corp., adding another platform less than a year after buying MorVest Capital to expand its capabilities in the space. The transaction, announced Monday, folds Blue Water’s hedge analytics, trading platform and quantitative team into Milliman’s mortgage solutions practice. Financial terms were not disclosed. “Blue Wa…

Milliman Acquires Blue Water MSR Valuation, Hedging Business

Milliman has acquired Blue Water’s mortgage servicing rights valuation and hedging services from Apex Analytics Corp., extending a wave of mortgage industry investment beyond servicing portfolios themselves to the technology and expertise used to manage their value.The transaction adds Blue Water’s MSR hedging platform, customer base, trading professionals, and quantitative analytics team to Milliman’s mortgage solutions practice. Financial term…

Milliman acquires Blue Water MSR hedging unit from Apex - Boston Real Estate Investors Association

Consulting firm Milliman has acquired Blue Water mortgage servicing rights (MSR) valuation and hedging services from Apex Analytics Corp., adding another platform less than a year after buying MorVest Capital to expand its capabilities in the space. The transaction, announced Monday, folds Blue Water’s hedge analytics, trading platform and quantitative team into Milliman’s mortgage solutions […] The post Milliman acquires Blue Water MSR hedging …