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November 11, 2014

Meanwhile, Ocwen Sets Its Sights on Non-Agency Mortgages

By Brandon Ivey

Some investors have pointed out that Ocwen’s origination volume is small compared to its MSRs and that historically the company has never been competitive in the origination market.

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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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