Latest Articles about WAC

Ocwen Soars to a New 52-Week High - Analyst Blog

Zacks Equity Research — Mon, 13 May 2013 19:19:45 Z

Shares of Ocwen Financial Corp . ( OCN ) crafted a new 52-week high, touching $42.97 in the first hour of the trading session on May 10, 2013. The closing price of this financial holding

Wells Fargo to Sell MSRs to Walter - Analyst Blog

Zacks Equity Research — Thu, 11 Apr 2013 19:08:55 Z

Recently, Wells Fargo & Co. ( WFC ) announced the sale of $12.2 billion worth of unpaid principle balance (UPB) reverse mortgages servicing rights (MSR). Walter Investment

Guru Arnold Van Den Berg Buys 2 New Stocks in First Quarter

Holly LaFon — Fri, 05 Apr 2013 02:05:50 Z

Since founding Century Management in 1974, Arnold Van Den Berg has sown a legacy of achieving returns on his clients' capital through value investing. His CM All-Cap Value fund has returned

Market Wrap for Wednesday, March 20: Stocks Rise as Fed Maintains Asset Purchases

Scott Rubin — Thu, 21 Mar 2013 00:20:43 Z

The U.S. stock market traded higher on Wednesday after a rocky start to the week on account of a banking crisis in Cyprus. A rise in the euro versus the greenback and a decision from the FOMC

Company News for March 20, 2013 - Corporate Summary

Zacks Equity Research — Wed, 20 Mar 2013 17:46:22 Z

• Mobile TeleSystems OJSC (NYSE: MBT ) reported fourth quarter earnings per share of $0.58, breezing past the Zacks Consensus Estimate of $0.35 •

Market Wrap for Tuesday, March 19: Dow Records Slight Gain, Nasdaq and S&P Close Lower

Scott Rubin — Wed, 20 Mar 2013 00:47:47 Z

The U.S. stock market was slightly lower on Tuesday as investors reacted to news that lawmakers in Cyprus have rejected a bailout plan which would include a tax on bank accounts in the country.

Mid-Day Market Update: Markets Turn Red, DSW Declines On Downbeat View

Jake L'Ecuyer — Tue, 19 Mar 2013 21:06:01 Z

Midway through trading Tuesday, the Dow traded down 0.26 percent to 14,413.93 while the NASDAQ dropped 0.50 percent to 3,221.50. The S&P also fell, declining 0.50 percent to 1,544.29.

Pre-Market Earnings Report for March 19, 2013 : FDS, DSW, WAC, RNF, RTK, SVNT, SBLK

NASDAQ.com News — Tue, 19 Mar 2013 00:00:04 Z

The following companies are expected to report earnings prior to market open on 03/19/2013. Visit our Earnings Calendar for a full list of expected earnings releases. FactSet Research Systems

Ocwen to Buy Ally Bank's MSRs - Analyst Blog

Zacks Equity Research — Wed, 13 Mar 2013 22:12:14 Z

Ocwen Financial Corp. ( OCN ) has agreed to buy a majority stake in the portfolio of mortgage collection rights from Ally Bank - a unit of Ally Financial Inc. This is the latest addition to

Ocwen Misses on Bottom Line - Analyst Blog

Zacks Equity Research — Fri, 01 Mar 2013 19:14:01 Z

Ocwen Financial Corp ( OCN ) reported fourth-quarter 2012 earnings of 47 cents per share, missing the Zacks Consensus Estimate of 51 cents. However, this compares favorably with the

Nationstar Eyeing Big Bank, Big Buck Mortgage Rights

Investor's Business Daily — Wed, 27 Feb 2013 00:26:00 Z

One person's trash is another's treasure. And so it goes in the world of residential mortgages. Boatloads of distressed home loans from big banks that don't want to work them anymore

Walter to Buy Ally's Mortgage Unit - Analyst Blog

Zacks Equity Research — Fri, 22 Feb 2013 04:27:01 Z

Walter Investment Management Corp. ( WAC ) announced an agreement to buy a mortgage unit from the banking subsidiary of Ally Financial Inc. The mortgage unit conducts purchase of home

Ocwen Financial Scores On Others' Distressed Loans

Investor's Business Daily — Wed, 20 Feb 2013 02:56:00 Z

The arcane world of specialty mortgage servicers has moved into the limelight as banks and other large holders of risky mortgages have sold off servicing rights to them. Ocwen

Ocwen in Race to Buy Ally's MSRs - Analyst Blog

Zacks Equity Research — Mon, 04 Feb 2013 23:45:40 Z

As per Reuters , Ocwen Financial Corp. ( OCN ) has emerged as the top contender to buy a portfolio of mortgage collection rights worth $1 billion from Ally Bank - a unit of Ally Financial

Bank Loan Castoffs Are Walter Investment's Jewels

Investor's Business Daily — Wed, 30 Jan 2013 00:28:00 Z

It was once a sleepy division of a conglomerate-turned-energy company. Now Tampa, Fla.-basedWalter Investment Management ( WAC ) seems to have shot up from nowhere to become one