Thursday, May 14, 2015

JPMorgan to Buy $45 Billion of Ocwen's Loan-Servicing Rights

JPMorgan to Buy $45 Billion of Ocwen's Loan-Servicing Rights Bloomberg JPMorgan Chase & Co., the second-biggest servicer of U.S. mortgages, agreed to buy the right to manage about $45 billion in home loans from Ocwen Financial Corp. starting June 1. The deal involves servicing rights for 266,000 mortgages owned by Fannie ... and more »...(read more)
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