Can't believe this is still below the top analysts radar
Default revenues remain depressed due to foreclosures delays. This is what is keeping the stock back. Legal clarity on the remaining issues are also at play. Both are likely to have positive endings. Seriously delinquent loans are now at 3.6 mil and will ultimately become foreclosures while we are in the final stages of legal settlements. Originations are holding up better for longer and market share is higher for LPS. Mortgage processing remains steady and continues to grow. 15% FCF yield is very juicy.