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
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Servicing / The Ticker

Nationstar and Walter Investment stocks tumble alongside Ocwen

Stock tickers

Servicer stocks had a tough week. According to Seeking Alpha, after Ocwen Financial’s (OCN) stocks experienced close to a 10% two-day tumble, Nationstar (NSM) and Walter Investment Corp. (WAC) stocks also declined.

An interesting exchange on the earnings call (transcript) has analyst Ryan Zacharia puzzled about management blaming the OneWest and ResCap onboarding for the slow revenue number and margin fall. In Zacharia's mind, this timing was fully expected and he's curious for maybe something else behind the miss.

Source: Seeking Alpha
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