A Framework For Analyzing Mortgage Servicers
While banks break out their earnings for mortgages, they don’t necessarily go into enough detail to satisfy analysts trying to make side-by-side comparisons. To get a better understanding of mortgage servicing results Sterne Agee analysts Henry J. Coffey, Jr., Jason P. Weaver and Calvin Hotrum move past the data provided by major banks, which they describe as ‘relatively opaque’ and focus on differences between Nationstar Mortgage Holdings Inc (NYSE:NSM), Ocwen Financial Corp (NYSE:OCN), and Walter Investment Management Corp . . .
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