Home » Short Takes: A Financial Love Affair: Ocwen and Altisource / Why Luxembourg? / MountainView Floats Another Deal / Fidelity Exiting PennyMac? / Whalen Parts Ways With Carrington
Short Takes: A Financial Love Affair: Ocwen and Altisource / Why Luxembourg? / MountainView Floats Another Deal / Fidelity Exiting PennyMac? / Whalen Parts Ways With Carrington
According to a new research note from Sterne Agee, 65 percent of Altisource’s reported revenue is tied to Ocwen or Ocwen-related companies. “This is a highly symbiotic relationship," writes Stern Agee analyst Henry Coffey.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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