Late-session spike for Nationstar Mortgage

There's no news of note yet behind a late-afternoon spike in Nationstar Mortgage (NSM +6.6%). Nationstar and the rest of the nonbank servicers have been mercilessly beaten up of late on questions of whether their speedy growth can keep up now that regulators have drawn a target on their back.

Ocwen (OCN +3.3%), Walter Investment (WAC +5%), New Residential (NRZ +3%).

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Comments (2)
    , contributor
    Comments (12) | Send Message
    jamie_lissette (03:36:03 PM): senator Ted Turner wants to loosen the GSE reform bill up so that would alleviate the servicers responsibility on mortgages and put more burden on the banks. ocn wac nsm
    4 Mar 2014, 03:48 PM Reply Like
  • holdencaulfield729
    , contributor
    Comments (21) | Send Message
    not a senator
    4 Mar 2014, 04:03 PM Reply Like
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