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Home » Store » News » Ocwen Sheds Some MSRs to Free Up Capital

Ocwen Sheds Some MSRs to Free Up Capital

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Ocwen Financial Corp. is pursuing a deal that would allow it to sell mortgage servicing rights to a new entity in order to significantly reduce the amount of capital required for such volatile assets and recommit the funds to growing its servicing business. In its recent securities filing, Ocwen revealed...
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