One thing investors and analysts look for is revenue growth and Ocwen Financial did not deliver. But at least all of its lending licenses are intact...
But not to worry: the FHFA said the projections were mandated under the Dodd-Frank Act, cautioning that its estimate is just that, and not an expected outcome….
The costs for appraisals for home purchases have increased in recent years, according to some real estate agents responding to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, with blame being placed on appraisal management companies. “Many agents report that appraisal costs have risen and AMCs’ overhead may be responsible,” said Tom Popik, research director of Campbell Surveys. While lenders aren’t required...