- NY Dept. of Financial Services chief Ben Lawsky earlier this month indefinitely halted a deal for Wells Fargo to sell $2.7B in MSRs to Ocwen (OCN +8.9%) - helping along a sizable selloff in the sector - but Inside Mortgage Finance is reporting the deal could be approved by late March.
- Moving higher along with Ocwen: Nationstar (NSM +3.4%), New Residential (NRZ +0.9%), Walter Investment (WAC +3.2%), Altisource Portfolio Solutions (ASPS +6.9%), Home Loan Servicing (HLSS +5.5%).
From other sites
at 4-traders.com (Mar 24, 2015)
Ocwen Financial Intends to Sell Additional $25 Billion Portfolio of Mortgage Servicing Rights to Nationstarat 4-traders.com (Mar 24, 2015)
at 4-traders.com (Mar 23, 2015)
at CNBC.com (Mar 2, 2015)
at Benzinga.com (Feb 23, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs