Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
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