It’s Lonely at the Top for Nationstar Mortgage
Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers to turn a profit during 2015, according to Moody’s Investors Service’s Servicer Dashboard.
View ArticleWatchdog Joins Calls for More Oversight of Non-Bank Servicers
Why does a federal watchdog believe that non-bank servicers, who now service a majority of HAMP loans, need more oversight from federal regulators?
View ArticleNationstar Elects Bray Chairman of the Board
Nationstar Mortgage LLC, one of the largest mortgage servicers in the country, has confirmed that President and CEO Jay Bray has been unanimously elected Chairman of the Board for the company.
View ArticleQ2 Was a Tough Quarter to be a Non-Bank Servicer
Continuing an unfortunate trend for non-bank mortgage servicers in the second quarter of 2016, Walter Investment Management reported a net loss for the three-month period ending June 30, 2016.
View ArticleS&P Upgrades Ocwen’s Ratings
After enduring a rough year so far earnings-wise, Ocwen Financial Corporation received some positive news this week.
View ArticleNationstar Beats Financial Expectations for Q3
Q3 was the first profitable quarter overall of 2016 for Nationstar Mortgage. What was the reason for the turnaround?
View ArticleFitch: Non-Bank Servicers Will Expand Market Share
Non-bank servicers' share in the mortgage market has been steadily increasing in the last few years, and it is expected to get even larger in 2017. The driver behind the growth is expected to be...
View Article
