Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

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Servicing / The Ticker

Different foreclosure timelines create bifurcated housing recovery

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"Broadly, states with a nonjudicial process witnessed a sharper decline in home prices at the beginning of the downturn, but are currently enjoying price appreciation," Michelle Meyer with Bank of America-Merrill Lynch told Business Insider. "This is due to a more efficient disposition of delinquent supply, leaving lean inventory in many markets."

 

Source: Sam Ro
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