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Kass Katch: Buy Ocwen Financial

I have been a longtime follower and admirer and sometime owner of Ocwen Financial. In 2009-2010 I purchased Ocwen around $10 a share and its spinoff, Altisource Portfolio Solutions, at approximately $17 a share.

Wells Fargo Is Boring. That's Fantastic

 For bank investors, boring is good. Boring is the new black. Citigroup suffers from its Banamex scandal, Bank of America faces anothermortgage lawsuit from the SEC and JPMorgan Chase continues to suffer from the London Whale.

PennyMac Looks Iffy Despite Upgrades

PennyMac Financial Services has received a pair of analyst upgrades lately following a recent sell-off, but an investment in the non-bank mortgage lender and servicer still looks risky.

Bank of America Faces Major Earnings Dip When Reserve Releases End

Large-cap bank have seen a major boost from the release of loan-loss reserves over the past several years, and a return to typical provisioning for reserves could have quite a negative effect on earnings.

An Uplifting Explanation for Wells Fargo's Refinancing Boom and Bust

A refinancing boom that buoyed Wells Fargo's earnings in late 2012 and the first half of 2013 has petered out as rates rose in the second half of the year, sharply cutting at the bank's mortgage origination activity.

Ocwen to Pay $2B In Mortgage Debt Collection Settlement

Ocwen Financial, the nation's fourth-largest collector or "servicer" of mortgage debt, reached a settlement with regulators to pay more than $2 billion to mortgage borrowers over alleged "significant and systemic misconduct" in servicing their loans.

Banks Still Reluctant to Ease Mortgage Lending Terms: Fed Survey

Banks are ramping up the marketing of home-purchase loans to borrowers as refinancing volumes plummet, but there are still few signs that they are ready to ease lending standards materially.

Mortgage Servicer Ocwen Eyes Other Consumer Debt

Ocwen Financial, one of the nation's largest collectors of mortgage debt, is considering branching out into other types of consumer debt collection.

Well-Positioned JPMorgan Chase Still Stymied

Five years after the Lehman Brothers bankruptcy, JPMorgan Chase CEO James Dimon has quite a bit to be proud of, but the nation's biggest bank is facing a major political and regulatory onslaught at a late stage of the banking industry's recovery.

Bank of America Is Halfway Home

The long, rough ride for CEO Brian Moynihan isn't over, but all decks should clear for Bank of America by the end of 2015. Investors are pleased with Moynihan, sending Bank of America's shares up 24% this year through Wednesday's close at $14.32, after the shares more than doubled during 2011.