More on Home Loan Servicing Solutions (HLSS +2.1%) Q1 earnings: "Our outlook on prepayment...

|About: Home Loan Servicing Solu... (HLSS)|By:, SA News Editor

More on Home Loan Servicing Solutions (HLSS +2.1%) Q1 earnings: "Our outlook on prepayment speeds ... has become increasingly positive fueled in part by Ocwen's continued success in resolving delinquent loans," says Chairman Bill Erbey (also OCN chairman). Not even lower interest rates and an improving housing market have altered the trend of lower prepayment speeds. Other servicers today: OCN -0.8%, NCT -2%, NSM +0.9%, WAC +1.7%.