According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...
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Is There any Silver Lining to be Found in Ocwen’s 2015 Earnings Report?
With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.
Read More »Urban Institute: GSEs Should Consider Raising Nonbank Servicer Capital Requirements
Karan Kaul and Laurie Goodman contend that with taxpayers on the hook when nonbank servicers fail, more regulation is needed in order to reduce risk to taxpayers and shift more of it on to the industry.
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