Ocwen experienced the greatest percentage decrease in average monthly complaint volume from the first quarter of 2015 to 1Q16. Then again, Ocwen's servicing portfolio has been shrinking.
There’s a growing concern about price discounts on Ginnie servicing rights, and a strong belief that the agency is once again getting anxious about so many nonbanks being such large players in the market.
A few weeks back, Walter Investment CEO and vice chairman Denmark Dixon resigned, but was given a $2.25 million cash payment as part of a separation agreement from the company.