Can anybody here explain intelligently how this could impact NRZ, if at all? Negative or positive? OCN is hitting new lows, Shareholder lawsuits, government regulation, total mess for a major MSR that has ties to NRZ. Is this behind NRZ recent rise in share value?
Thanks, but this is not my first time I've been looking at NRZ message board posts. NRZ took a hit when OCN first reported 1st quarter results. OCN then stabilized until end of last Friday when it hit new low. I own no OCN. I own NRZ and it's my largest position. I believe recent OCN news will lead to a better understanding as to why NRZ is doing better. But it could be purely fund purchasing or the markets rewarding reits as of late. Perhaps no news is good news too?