Ocwen Nearing Massive MSR Deal with New Residential
HousingWire, May 1, 2017–Ben Lane
Amid some concerns that New Residential Investment may pull some of its mortgage subservicing from Ocwen Financial, the two companies are reportedly close to a massive mortgage servicing rights deal that would alleviate some of Ocwen’s business concerns and make New Residential a significant investor in Ocwen itself.
