Look out below: Investor/hedge fund titan Leon Cooperman said on CNBC Wednesday morning that if Sen. Elizabeth Warren, D-MA, is elected president the stock market will fall by 25%...
One servicing advisor told us he anticipated his clients (smaller shops) would likely take a hit of 2 to 5 bps on their MSRs, but it looks like the big boys are reporting numbers that are worse than that...
The warning comes in the wake of a Government Accountability Office report identifying weaknesses in FHA’s oversight of HECMs, particularly in monitoring, performance assessment and reporting.
Altisource’s share price is trading near a 52-week low. The vendor’s largest client is Ocwen Financial, a mega nonbank that’s struggled with profitability…
Shouldn’t the managements of Fannie and Freddie start preparing for the day when they’re “free” from the shackles of regulatory bondage? Shouldn’t CEOs Hugh Frater (Fannie) and David Brickman (Freddie) be holding high level meetings with their lieutenants regarding strategies for the future?