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Home >> News >> Servicing

Another Non-Bank Servicer Counts its Losses

Another Non-Bank Servicer Counts its Losses

Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?

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Ocwen Hit by Another Wave of Losses

Ocwen Hit by Another Wave of Losses

The tough first quarter for Ocwen suggests an ongoing trend for non-bank mortgage servicers—even though they have a much larger share of the mortgage market than they did just four years ago, they are having difficulty profiting.

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