Hiring top performers can cost a company in terms of salary and bonus pay, but many believe such hires are worth it because such LOs bring in a ton of volume.
The Mt. Laurel, NJ-based Freedom is eager to grow its retail presence in the U.S., but is still committed to third-party lending where it has a large presence.
A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.