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November 24, 2014

Short Takes: No More Thanksgiving Rally for GSE Shares / Sterne Agee Sees Little Optimism in ASPS / Mortgage Network Expands / RBS Kisses Mortgage Trading Desk Goodbye

By Paul Muolo

Regarding Altisource Portfolio Solutions, Sterne Agee noted: “It is difficult to be optimistic from here"...

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Poll

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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