3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Items Tagged with 'Stocks'

ARTICLES

Bank of America stock nears 4-year high

Too-big-to-fail stocks rally on HW 30
March 5, 2014
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.
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Ocwen is the biggest loser on the HW 30

Other stocks soar after Yellen paints optimistic economy
February 11, 2014
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.
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Why D.R. Horton’s stock went soaring

An 86% climb in earnings will do that
January 28, 2014
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.
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MSR sale lifts Wells Fargo stock

Ocwen stock drops amid sale
January 22, 2014
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.
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Nationstar stock falls after downgrade

January 21, 2014
Nationstar witnessed a volatile day on the stock market after FBR Capital Markets announced it downgraded the mega servicer to ‘market perform’ from ‘outperform.’
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Industry stocks see second straight day of gains

HW 30 up 1.6% as PHH, Trulia lead the way
January 15, 2014
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).
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Bank of America down in mid-day trading

Equity investors lose confidence as fast as they gain it
January 7, 2014
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.
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HW 30, REITs go through the wringer

REITs feel added pressure from negative investor sentiment
January 6, 2014
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.
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HW 30 rises amid stronger economic data

Political developments could shift the market's momentum this week
December 9, 2013
Monday saw gains for most of the companies on the HW 30, with Ellie Mae as the biggest winner with a gain of 3.57% for the day.
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The most powerful weapon in the Fed arsenal

November 25, 2013
During a nomination hearing with the Senate Banking Committee, Fed chair nominee Janet Yellen evokes the stock market when talking about quantitative easing. Here's why that seemingly minor connection is actually pretty huge.
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