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March 19, 2014

Ocwen: Relax, Nothing is New With NYS and the Wells Fargo Deal

By Paul Muolo

Early in the morning, Ocwen’s share price was up almost 3 percent, but by noon had settled down. Trading volume was slightly above average.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results