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November 12, 2014

Ocwen Affiliate Altisource Exits Force-Placed; Stock Gets Crushed

By Paul Muolo

As IMFnews went to press, the share price of Altisource was getting slammed, down 20 percent on the day.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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