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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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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