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November 3, 2014

Analysts: The Wells Fargo-Ocwen MSR Deal No Longer Makes Sense

By Paul Muolo

A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.

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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.

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