Quantcast
OVERSTATEMENT? "Nothing is really being put out for bid right now," Ocwen executive chairman William Erbey recently said. "It's the whole market that's basically stopped."

'The Whole Market' for Mortgage Servicing Rights Frozen? Not Quite

Brokers of servicing rights say the overall market remains robust, despite suggestions by Ocwen's William Erbey last week that trades had ground to a halt. Trading of seriously delinquent portfolios has slowed on concerns about increased liability.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.