Ocwen to Acquire Portfolio of Mortgage Servicing Rights from Wells Fargo
January 22, 2014 at 09:04 AM EST
Ocwen Financial (NYSE: OCN ) today announced that its mortgage servicing arm has signed an agreement with Wells Fargo (NYSE: WFC ). for the purchase of residential mortgage servicing rights on a portfolio consisting of approximately 184,000 loans with a total principal balance of $39 billion. The sale
