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September 11, 2014

Ocwen Tells Analysts that MSR Transfers Will Be Much Lower

By Paul Muolo

it appears the halcyon days of legacy MSR sales are over. Or so Ocwen is telling Wall Street.

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Poll

HUD has announced a 25 basis point cut in FHA premiums, which is slated to take effect in late January. Is your lending shop for or against a cut in FHA premiums?

For. It should help lending volumes.
Against. The private MI sector should take on this risk, not the government.
Too early to say.
I believe the new White House may scuttle the idea so it doesn’t matter.

vote to see results