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Items Tagged with 'HW 30'

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Mortgage servicer stocks take huge hit on weak earnings

Nationstar, Walter, Stonegate all down more than 20%
Thursday was a rough day on Wall Street for mortgage servicers as Nationstar Mortgage Holdings, Walter Investment Management and Stonegate Mortgage Corporation’s all plunged into the red after releasing their third-quarter earnings Thursday morning.
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Will Friday be a rebound for housing stocks?

HW 30 looks like an abattoir floor
Despite some stellar news on Wednesday on new home sales, the HW 30 – HousingWire’s proprietary index of stocks that drive the housing economy – had a rough go of it, especially the stocks that straddle housing and technology.
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Nonbanks expect big year for MSRs

Nationstar, Walter, Ocwen, soar on HW 30
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.
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Homebuilder stocks rise on HW 30

Despite recent pressure, homebuilder stocks show hopeful future
The HW 30 finished the month of March up 0.7% and is up 0.6% year-to-date. However, the positive news may not seep in homebuilder stocks just yet.
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Ocwen stock brushes off more headline risk

Easily survives spate of negative news
Ocwen Financial Corp is set to pay $268 million to California residents as part of $2.1 billion settlement of a Consumer Financial Protection Bureau investigation into its servicing practices.
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Stocks up ahead of Friday’s jobs report

Redwood gets favorable nod from FBR Capital Markets
The HW 30 and most of the indices finished Thursday higher, with the S&P 500 hitting its record for the 50th time in the past year. The Nasdaq was dragged down by declines in biotech companies.
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