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Home » News » It Was an Ugly Ride for Most Nonbank Mortgage Stocks in 2015. Have We Reached the Bottom?
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It Was an Ugly Ride for Most Nonbank Mortgage Stocks in 2015. Have We Reached the Bottom?

January 14, 2016
Although residential production increased by roughly 30 percent in 2015 over the year prior, investors beat down nonbank mortgage stocks with a vengeance as continued low interest rates forced huge markdowns on the value of servicing rights. According to an analysis of eight publicly traded nonbank lender-servicers by Inside Mortgage Finance, the stock prices of these firms are currently trading at steep discounts to their 52-week highs, with most a dollar or two above their lows. ...
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