hayman owned about 1% roughly of this company shares.ghly $3 billion market cap company? >> hi, david. you know, i think it's really important to look at what's going on in this model between the effective mortgage balances of the united states of roughly $10 trillion about $1.8 trillion has moved to the nonbank serv e servicers more of the high-touch servicers to the banks because of base lcl iii. but more importantly these companies are much more effective with the high-touch model at services these types of loans versus the banks. and when you think about how effective they are another we think they're the most effective companies out there as opposed to the banks and we think that this market opportunity will grow from $10 trillion to $11 trillion or $10 trillion over the next 5 years. and they're servicing profitability will increase annually as the number of delinquent loans drops. >> ben lawski who runs new york state's department of financial services on march 5th sent a letter to president and ceo of nation star who was on our a

hayman contesting. vcu nids a three. steven austin wins it 77-75. in the east region, a close call for sixth-seeded north carolina. he led unc by 19. there's another three, and james michael mca due will get a rebound. he'll get fouled. he misses the second and gets a rebound and is fouled again. carolinas hangs on to win it. >> in the midwest a top-seeded shocker led cal powelly. the final 6437. 35 and o, facing kentucky in the next round. scores from the action to make note of. so far, so good. the wildcats beating beaver state. virginia a winner over coastal carolina. after winning a play-in game, the balls possiblyinging at the right time. keep an eye on the team. kansas pulling away late. not indicative of the game. the j hawks winning 80-69. >> let's check out the interesting match-ups. two of the top four seeds led by florida. in the east, fifth-seeded harvard, taking a step up in glass. out west all eyes on san diego. it takes on one of the tournament cinderellas, something has to give. in the mid west defending champion louisville - cardina

as a result, he says he raises hayman's capital stake in the country. sue, back over to you. >> thanks, dom. take a look at the ten-year yield right now. we have had a wide swing in this week's trading session. we went from 2.80 friday of last week to now 2.65 and change on the ten-year note. 2.651%. stocks erasing earlier losses, the dow, s&p and nasdaq all in the green modestly. the nasdaq on pace for its largest weekly loss over six months, down nearly 2% on the week. so do you buy the qs here? hugh, do i buy the triple qs right now? >> no, not yet. what i like to see is i like to see opportunity. usually that opportunity is signaled by the market getting to levels including the triple qs to getting to levels that i would call or characterize as undervalued and there's widespread pessimism. that's when the opportunities show up. we don't have that now. what we have is a market that's fairly valued and quite frankly, sentiment is just simply not at an emotional extreme. you drag your feet right now, wait for that opportunity to pop up. i think that op

. >> jen hayman launched rent the runway where customers rent dresses and accessories for a fractionf what it would cost to buy them so mobile became a very big part of their business so they launched an pp. join us for more on "your business" sunday mornings only on msnbc. my philosophy is real simple american express open forum is an on-line community, that helps our members connect and share ideas to make smart business decisions. if you mess up, fess up. be your partners best partner. we built it for our members, but it's open for everyone. there's not one way to do something. no details too small. american express open forum. this is what membership is. this is what membership does. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-ope

jen hayman launched rent the runway and customers rent the dress and accessories for a fraction of whatcosts to buy them. mobile became 25% of their traffic so they launched a very successful app last year. for more watch "your business" sunday mornings on msnbc. ould be ould be one thing i've learned is my philosophy is real simple american express open forum is an on-line community, that helps our members connect and share ideas to make smart business decisions. if you mess up, fess up. be your partners best partner. we built it for our members, but it's open for everyone. there's not one way to do something. no details too small. american express open forum. this is what membership is. this is what membership does. >>> what is it like to be the last black president? >> seriously? what's it like for this to be the last time you ever talk to a president? have you heard of healthcare.gov? >> here we go. >> okay. let's all agree that president obama's appearance on the pretend talk show between "two ferns" was hilarious and strategic but it is kind of a mess that the president has to go

>> of course the iconic hayman pool is being renovated.ging a lot of the rooms as well as the suites. we have an incredible family pool, which is new, because families are traveling together. that's something that's a greed addition to hay -- hainan. we believe couples and families -- families stay. no one has time, and they really want to spend that with their families and their loved oned. >> this is a privately held company, one and only, but of course you have taken the risk the last 20 years and really grew this luxury hotel sector in asia. what is the -- are the changes you've seen under your tuto rifment al? -- tutorial? >> i always believed in china. when i moved to china in the mid 1990's, there were very few luxury brands. we talk about launching in some very exciting locations. when i went there and brought my family, there were no international hotels. the rates were $50 to $75 at the time. >> that's the price of the meal right now. >> what a great location. a beautiful location. the people, the boats are absolutely fantastic.

convention and the irony is not lost on people like not only stokely carmichael but bob moses, sandy lew hayman, activists who were organizing in the south, doing the right thing, they were organizing for citizenship and democracy and those democratic stirrings get trounced by, ironically, the democratic party, the president of the united states. that turning point further radicalizes snick and especially stokely carmichael who's starts to argue there is no way to get political power except independently and autonomously. the democrat party is not going to be a vehicle for black political power. some people disagreed with stokely carmichael. for stokely carmichael and snick, we are going to see a push for independence black political organizing and eventually black power. >> host: did stokely carmichael have a relationship with lyndon johnson? >> guest: no, they never meet that certainly they talk about one another extensively and they are aware that the other exists. what is interesting is lyndon johnson privately talks about stokely carmichael, different interviews where people say they heard

we had one large shareholder from carl bass from hayman join us and he's long the stock.oans seriously delinquent at the nonbanks is far lower than it is at the banks and the average, nation star and aqua, 2.2% for the banks and question whether or not, in fact, your asking qes was politically motivated. i'd love to get your response. >> i love the use of political we get thrown at us whenever people don't like what we did. there's nothing political about it. we're trying to be responsible regulators and, look, it's a fair point to make. the number of complaints we received is one metric we look at to decide whether we should continue to look at something, but there are lots of other metrics and, for example, the firm you probably know called aquin, we put a monitor in more than a year ago. we saw a lot of problems that were not being manifested necessarily always through complaints. so, the fact that, you know, you may have one complaint number for nationstar and another complaint number for a bank i don't think means all that much necessarily. again, with nationstar we'