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June 23, 2014

Short Takes: When Might the Ocwen-Wells Deal Clear? We Don’t Know / FSOC Voices Concern on Fast Growth of Nonbank Servicers / Lone Star Wins HUD Auction / Should Mortgage Vendors Worry Much About the CFPB?

By Paul Muolo

The Financial Stability Oversight Council of the Treasury Department has its eye on the rapidly growing market presence of nonbank servicers such as Ocwen, Nationstar Mortgage and Walter Investment Management.

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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.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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