Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S
Servicing / The Ticker

Market views Ocwen earnings as bellwether for servicing

medical and money
/ Print / Reprints /
| Share More
/ Text Size+

What's going on in servicing? Quite a bit, analysts with Sterne Agee claim in a new report. But to gauge the real trajectory of the market, analysts eagerly await upcoming earnings from the nation's top servicers. Sterne Agee had this to say about Ocwen's (OCN) third-quarter earnings, which is slated for a Thursday release.

We are looking for Ocwen to report 3Q13 EPS of $1.14 vs consensus of $1.09. The one soft spot in our estimate is mortgage origination; we have been estimating that refinance/recapture activity will generate an estimated $1.1 billion in direct origination volume. This activity accounts for approximately $0.12 of our estimate.

Recent Articles by HousingWire Staff

Comments powered by Disqus