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…
Origination pipelines remain full and lenders, for the most part, are feeling optimistic about profits. Can it last? Probably, as long as rates remain low.
Given the current sour relations between the two main political parties and now the press by Democrats for impeachment, chances are Congress won’t have a realistic hope of passing a passable bill until one party controls the House, Senate and White House…
KBW this week significantly hiked its price target on Fannie/Freddie common to $3 and $4 a share, respectively. For years, KBW’s price target for GSE common was a mere $1.
Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…
The last person to hold the deputy secretary position on a permanent basis was Pam Patenaude, who resigned late last year after just 15 months on the job...
In the second quarter, lenders funded $565 billion, an eye-popping sequential gain of 59.2%. It’s anticipated that the fourth quarter will yield the same, if not more.