March 21, 2013 at 17:54 PM EDT
Stock Market Turns Bumpy For Mortgage-Servicing Firms
A trend is an investor's friend until it ends. Pegging the end, though, is hard -- especially since the stock market is always looking ahead. The mortgage servicing business has been migrating from major banks to specialty firms for some time. Specialty firms such as Ocwen Financial (OCN), Nationstar Mortgage (NSM) and Walter Investment (WAC) have benefited. Why is this happening? The anticipation of Basel III rules had a role in creating, or at
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here