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Home » Ocwen Closer to Being Able to Acquire Servicing
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Ocwen Closer to Being Able to Acquire Servicing

November 4, 2016
Officials at Ocwen Financial said the nonbank is close to resolving outstanding issues with state regulators which could allow the firm to resume acquiring mortgage servicing rights. However, the non-agency servicing acquisitions market is subdued, and Ocwen is putting an emphasis on originations. Ocwen significantly increased its servicing portfolio via acquisitions until enforcement actions by state regulators limited its ability to acquire MSRs. The consent order from the ...
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