New Residential weighs shift to a higher gear on Ocwen MSR deal

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The deal offered cash payments and a shift in protocols for managing troubled mortgages, including by moving them to specialist firms and establishing more specific guidelines.. this relates to Ocwen – until we resolve New York State we’re not acquiring any new (MSR) portfolios at all. As a matter of fact the entire market – nothing is.

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New Residential weighs shift to a higher gear on Ocwen MSR. – New Residential Investment Corp. may seek to accelerate the process of transferring more than $100 billion in mortgage servicing rights it agreed to buy from Ocwen for $400 million. "One of the things we are going to do, until we get everything vetted out with the trustees and get all the appropriate approvals, we’re likely going to enter into an excess MSR transaction with Ocwen where we’ll.

Investments Lending Servicing Ocwen nearing massive MSR deal with New Residential New Residential to buy MSRs for $425 million, acquire nearly 5% of Ocwen

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