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After Another Large Quarterly Loss, Ocwen’s Stock Gets Hit

October 29, 2015
Paul Muolo
At press time, its share price was at $6.66 compared to a 52-week low of $5.66 and an all-time high of $60 a share.
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Remember ‘Strategic’ Defaults? They’re Actually Quite Rare

October 29, 2015
Brandon Ivey
But the analysts eventually conceded they didn’t have data on borrowers’ assets, income, LTVs and more.
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Carl Icahn Calls for United Guaranty to Be Separated Out From AIG

October 29, 2015
Paul Muolo
Among other things, Icahn mentions a "changing and potentially punitive regulatory framework..."
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Final 3Q15 Origination Tally: $455 Billion; Large Lenders Building Market Share Again

October 29, 2015
John Bancroft
During the third quarter, the top 25 lenders accounted for 58.3 percent of total originations.
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Short Takes: Will Ocwen Short-Sellers Get Squeezed? / What Will Faris Say About Origination Growth? / Another Loss for NMI / Guild Sets Origination Record / NYDFS Chief Albanese Departs

October 28, 2015
Paul Muolo
The privately held Guild Mortgage, San Diego, said it funded $10.7 billion in home mortgages through the first nine months of 2015...
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Lenders Get Ready: Hispanic Borrowers Could Provide a Surge in Originations

October 28, 2015
Carisa Chappell
In addition to alternative credit scoring models and low downpayment products, panelists suggested more public/private partnerships are needed to create affordable housing communities.
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Agency MSR Deals from Prestwick and Phoenix Capital

October 28, 2015
Paul Muolo
“The flow market remains consistent with pricing, while the bulk market ebbs and flows with the 10-year and mortgage spreads,” said Tom Piercy of Interactive Mortgage Advisors.
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Mortgage Complaints in the Windy City on Par with National Average

October 28, 2015
Thomas Ressler
Of the 21,100 complaints submitted by consumers in the region, 27 percent have been related to mortgages.
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Earnings and Production Drop at EverBank; MSR Sale to Nationstar Pending

October 28, 2015
Paul Muolo
The sale of mortgage servicing rights to Nationstar should transfer by Nov. 1.
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Mortgage REIT CYS Ramps Up FHLB Borrowings

October 27, 2015
Paul Muolo
Its captive insurance affiliate, CYS Insurance Services, became a member in the FHLB of Cincinnati in March of this year.
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