Home » Short Takes: Former FHLB Prez Gets Research Post at Treasury / Rising Once Again: Loan Applications / Lower Returns on MSRs (Ocwen) / Freddie SVP Ownership Filing / A Promotion at Guaranty Home Mortgage
Short Takes: Former FHLB Prez Gets Research Post at Treasury / Rising Once Again: Loan Applications / Lower Returns on MSRs (Ocwen) / Freddie SVP Ownership Filing / A Promotion at Guaranty Home Mortgage
KBW on Ocwen: “While the company is setting up MSR [mortgage servicing rights] financing facilities, management noted returns on available MSR trended down, though the company did lower its targeted ROE [return on equity] on agency MSR to 8.5% from 9.5%."