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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Items Tagged with 'Walter Investment'

ARTICLES

Compass Point: Refi burnout hurting Walter Investment

Reiterates “sell” rating and lowers target price by 20
Ben Lane
Citing increasing operating costs and declining profit margins, Compass Point Trading & Research said that Walter Investment is headed towards a poor 2014 and an even worse 2015.
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Ocwen's regulatory burdens send up red flags and drive down stock price

Analysts lower price target, Citi drops buy recommendation
Trey Garrison
Heightened regulatory burdens and compliance costs continue to drag on Ocwen Financial a day after its second quarter earnings are announced.
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Here’s what Walter Investment tells investors about the rest of 2014

Execs share company’s future plans
Ben Lane
Panelists at a KBW mortgage finance confernce said that Walter Capital, an externally managed real estate investment trust the company plans to launch in the 2nd quarter, could purchase MSRs and use Green Tree Servicing, which Walter also owns, as the sub-servicer.
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Nonbank stocks fall on news of Ocwen earnings miss

Regulatory costs affecting sector
Sarah Wheeler
The stocks of nonbank mortgage servicers Nationstar and Walter Investment are feeling the pain of Ocwen's earnings miss.
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Nationstar continues growth under regulator spotlight

Nonbanks doing better with MSRs than banks
The big nonbank servicers have been caught in the regulatory spotlight over concerns they don’t have the capacity to properly and fairly service the mortgages they handle. Turns out, the nonbanks are doing a much, much better job than the banks.
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6 questions for an MSR industry under assault

Risk, reward assessment thrown off by regulatory uncertainty
Trey Garrison
FBR Capital Markets take a detailed look at the world of MSRs – the regulations, the risks, and the rewards – especially given a hostile regulatory environment and questions about what else could be coming down from Capitol Hill.
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Mortgage servicers big winners on the HW 30 (and Trulia)

Walter, Ocwen, Nationstar overcome industry headlines
Brena Swanson
Walter, Ocwen and Nationstar stocks posted strong hikes on Tuesday despite threatening industry headlines. Meanwhile, Trulia came in from left field and recorded the best increase on the HW 30.
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Guess who Lawsky is coming after next?

NY 'regulator with zeal' puts nonbank mortgage servicers on the hot seat
Trey Garrison
NY regulator Benjamin Lawsky is doubling down on his campaign against nonbank mortgage servicers, and he's certain he's right, meaning he won't quit.
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Uncertainty about the future plagues servicers

Rapid growth, acquisitions leave operational risk
Brena Swanson
Mortgage servicers flourished during the financial crisis, but their high growth and rapid transformations leave high operational risks that constrain their ratings.
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From HW Magazine

Hazards and rewards

The heated competition for MSRs reveal potential fortunes -- and possible perils
Kerri Ann Panchuk
Mortgage servicing rights are still considered diamonds in the rough with the potential to provide value for servicing firms and financial institutions.But for parties that acquire...
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