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October 30, 2014

Short Takes: Ocwen’s ‘Other’ Problem / How Much Might Ocwen Pay? / A Boom in LO Hiring? / Citadel to Enter the Second-Lien Space / Strong Earnings from Radian

By Paul Muolo

Ocwen Financial has a huge mismatch between the size of its $400 billion servicing portfolio and its new originations. Then again, its MSRs are running off...

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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