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March 25, 2014

Short Takes: A Financial Love Affair: Ocwen and Altisource / Why Luxembourg? / MountainView Floats Another Deal / Fidelity Exiting PennyMac? / Whalen Parts Ways With Carrington

By Paul Muolo

According to a new research note from Sterne Agee, 65 percent of Altisource’s reported revenue is tied to Ocwen or Ocwen-related companies. “This is a highly symbiotic relationship," writes Stern Agee analyst Henry Coffey.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
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We will fund less than last year – by a lot.

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