The harsh capital treatment of MSRs has forced the $248 million-asset University Bancorp, Inc. (OTCPK:UNIB) in Ann Arbor, Mich., to seek a buyer for its MSR portfolio, said Chief Executive Officer Stephen Lange Ranzini. University would prefer to retain its MSR book, however, because it's a good way to hedge against rising interest rates and it helps community banks build deeper relationships with customers, he said.