Nonbanks are experiencing a strong day on the stock market, following positive first-quarter earning reports. MSR transfer activity is still occurring and more importantly, the long-term pipeline of opportunities is very healthy.
Wells Fargo’s stock finished the day up after it announced it signed an agreement to sell Ocwen a $39 billion portfolio of residential mortgage servicing rights. But Ocwen did not witness the same positive results.
Real estate investment trust stocks stayed level after recording a steady decline Monday morning due to reports of negative investor sentiment. The rest of the HW 30 did not fare much better, with a majority of the stocks landing in the red.
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More