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August 25, 2014

Short Takes: Altisource to Hire 500 Workers…in India / Altisource Investors Not Happy? / Phoenix Capital Stays Busy with MSR Deals / Atlanta FHLB Joins MPF Program / 360 Mortgage Hires Western Regional Manager

By Paul Muolo and

Altisource shareholders are not happy campers these days. The firm’s stock is trading at $91 compared to a 52-week high of $171.

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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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