Mon, Oct 20, 2014, 9:48 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Newcastle Investment Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • My understanding is they do not have to take the lowest bid. I think the bids have been opened and now they are in an evaluation period. Could be that NSM had the lowest bid or that they were close enough in the bids that a closer look was needed. This may be one of those things where they take the numbers in consideration and will make a decision at a later date. Heaven forbid. I have been there and that is not a fun time if it takes more than a day or two. After 3 of these I never bid on a Federal or State project again. I knew better, but like a little child you have to get spanked a couple of times before you learn your lesson.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • One article I read stated that after the auction, the winning bid would have to be approved by the BK judge SOMETIME IN NOV. that applied to both the MSRs and the mortgage portfolio. It's fun try to put the pieces together (OCWEN, stock movements, etc) to determine the outcome. We know a secondary offering is coming (if we win), just how much is the question.

      Sentiment: Strong Buy

 
NCT
12.15-0.05(-0.41%)Oct 20 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.