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January 21, 2014

Moody’s Questions Fast Servicing Growth at Ocwen, Nationstar and Walter

By Paul Muolo

Moody’s notes that all three have grown their production operations – a positive – but question whether over the long term whether they can compete with banks in the “prime” market.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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