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Tag Archives: servicing rights

JP Morgan to Buy $45 Billion Worth of Ocwen Servicing Rights

In an update on its website dated March 2, Ocwen announced that it had "signed a letter of intent with a buyer on the sale of mortgage servicing rights (MSRs) on a portfolio consisting of approximately 277,000 performing Agency loans owned by Fannie Mae with a total unpaid principal balance of approximately $45 billion."

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