Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S

Items Tagged with 'Stocks'

ARTICLES

Dow, S&P 500 in record territory

Week starts off on high note
Brena Swanson
Monday is boding well for the stock market, with the Dow Jones Industrial average jumping to a new all-time high and the S&P 500 topping its record closing high.
Read More

Nonbanks expect big year for MSRs

Nationstar, Walter, Ocwen, soar on HW 30
Brena Swanson
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.
Read More

Bank of America stock nears 4-year high

Too-big-to-fail stocks rally on HW 30
Brena Swanson
Too-big-to-fail banks are rising above pending stress test results and managed to reach near-record highs on the stock market Tuesday while other top indices remained flat.
Read More

Ocwen is the biggest loser on the HW 30

Other stocks soar after Yellen paints optimistic economy
Brena Swanson
Stocks surged on Tuesday following Fed Chair Janet Yellen’s optimistic view about the economy, unemployment and the prospect of inflation, helping to raise all major indices.
Read More

Why D.R. Horton’s stock went soaring

An 86% climb in earnings will do that
Kerri Ann Panchuk
HW 30 finished up Tuesday as consumer confidence showed signs of a comeback. But the stock feeling the greatest surge was a middle-market builder.
Read More

MSR sale lifts Wells Fargo stock

Ocwen stock drops amid sale
Brena Swanson
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.
Read More

Nationstar stock falls after downgrade

Brena Swanson
Nationstar witnessed a volatile day on the stock market after FBR Capital Markets announced it downgraded the mega servicer to ‘market perform’ from ‘outperform.’
Read More

Industry stocks see second straight day of gains

HW 30 up 1.6% as PHH, Trulia lead the way
Paul Jackson
Housing economy stocks notched their second straight day of gains as the HW 30 equity index (HW30) rose behind strong gains from PHH Corp. (PHH) and real estate search giant Trulia, Inc. (TRLA).
Read More

Bank of America down in mid-day trading

Equity investors lose confidence as fast as they gain it
Bank of America gained investor confidence and then lost it within days. The bank soared on the HW 30 at the start of January and is now backsliding again.
Read More

HW 30, REITs go through the wringer

REITs feel added pressure from negative investor sentiment
Brena Swanson
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.
Read More