Some investors have pointed out that Ocwen’s origination volume is small compared to its MSRs and that historically the company has never been competitive in the origination market.
Stock analysts have claimed that Lawsky has been aggressively investigating Ocwen so he can make headlines, paving the way for an eventual run for public office.
The Fannie product also had less expensive mortgage insurance and allowed the borrower to cancel the policy once the LTV reached 80 percent of the home’s value.