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October 10, 2014

What We’re Hearing: Ocwen Feels the Pain / Investors Bolt Ocwen / What Happens When You Don’t Originate Enough Loans / Steven Horne of Wingspan – Is He In or Out? / HUD IG Says, ‘Hey Look What We Did’

By Paul Muolo

Ocwen faces a dilemma. It has a gargantuan MSR portfolio but meager loan production. At some point, something has to give…

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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