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  • Ocwen cleared of wrongdoing in multi-billion dollar mortgage bond fight

    Early in 2015, a group of mortgage bond investors that reportedly included BlackRock, MetLife, and Pimco accused Ocwen Financial of violating its duties as a mortgage servicer by failing to properly collect payments on $82 billion of home loans thereby costing the investors $26 billion. Now, after a yearlong independent investigation found no evidence of the litany of allegations made by the investors, Ocwen is off the hook. Click the headline for the whole story.

Items Tagged with 'Basel III requirements'

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MSR offloading rally continues

IMA plans another mega sale of enterprise loans
Interactive Mortgage Advisors is continuing its MSR offloading spree, managing the sale of $1.14 billion in mortgage servicing rights tied to enterprise loans.
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