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Ocwen Stock Rebounds on Mortgage Servicing Transfer News

May 01, 2017By

After enduring more than a week of bad press, investors in Ocwen Financial Corporation (NYSE: OCN) woke up to some brighter news Monday morning. The West Palm Beach, Fla.-based servicer announced the planned transfer of about $117 billion in mortgage servicing rights to New Residential Investment Corporation (NYSE: NRZ), a New York City-based real estate […]