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December 23, 2014

Ocwen to Sell GSE Servicing Rights – But Not in ‘Bulk’

By Brandon Ivey

Ocwen officials said the sale of agency receivables has the potential to free-up more than $1.7 billion of capital for the company.

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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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