Mortgage Servicing

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JPMorgan to buy $45B in Ocwen MSRs 

Mar 17, 2015By

At the end of last year, Ocwen CEO Ron Faris said the company planned to exit agency servicing entirely, and at the beginning of this month, the company revealed that it had one big MSR sale lined up. Now we know that JPMorgan Chase will buy $45 billion of Ocwen mortgage-servicing rights.

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