Home » Short Takes: Amazon Moves Ahead with Banking Plans / A Martini for Ditech / Cooperman and Ocwen / More Cost Cutting at Ocwen / Britti Gets a New Title / U.S. Bank Hires Wells Fargo Official

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Short Takes: Amazon Moves Ahead with Banking Plans / A Martini for Ditech / Cooperman and Ocwen / More Cost Cutting at Ocwen / Britti Gets a New Title / U.S. Bank Hires Wells Fargo Official

June 26, 2018

Paul Muolo

Leon Cooperman has been increasing his stake in Ocwen Financial and now owns about 11 percent of the firm…

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Short Takes: Amazon Moves Ahead with Banking Plans / A Martini for Ditech / Cooperman and Ocwen / More Cost Cutting at Ocwen / Britti Gets a New Title / U.S. Bank Hires Wells Fargo Official

Latest Imf News

Refi Volume Up Nearly 60% in Third Quarter

Focus on Interest Rates Shifts From Fed to Treasury Yield

Ginnie to Reward Issuers That Successfully Hedge MSRs

CSBS to Expand One Company, One Exam Framework

Featured Data

ARMs, IO Loans Help Boost ECM Securitizations in 3Q

Delinquencies Rise Across Ginnie Servicing in 3Q

CMBS Issuance Up Again in 3Q24 as Multifamily Surges

Large Nonbank Servicers Gain Share in Third Quarter

Featured Reports

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q24 (PDF)

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?