Pavaso CEO: CFPB eClosing mortgage pilot “historic event”

Pavaso CEO: CFPB eClosing mortgage pilot “historic event”

Makes buying a home easier for all Americans

Urban Institute: Qualified Mortgage impact overblown

New rules have only slightly slowed mortgage lending

WATCH: Former Wells Fargo CEO calls BofA fine “extortion”

Kovacevich says fine is political and has “nothing to do with justice”
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More than half of Altisource revenue is from business with Ocwen

Sterne Agee likes future for non-bank MSR market
Trey Garrison
Sterne Agee is initiating coverage on Altisource Portfolio Solutions, a provider of servicing tools, with a neutral rating and $125 PT on its outlook for growth for non-bank MSR firms.
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