Ocwen Shutting Down Largest Origination Channel; Exiting Wholesale Forward Lending

HousingWire, Oct. 12, 2017–Ben Lane
Ocwen disclosed its plans in a filing with the Securities and Exchange Commission that was mostly focused on Ocwen settling with two more states to remove some of restrictions that were placed on their mortgage business as part of a multi-state regulatory action against the nonbank earlier this year.

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