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More on the BofA sales of mortgage servicing rights: In conjunction with Nationstar's purchase...

  • Monday, January 7, 8:04 AM ET
    More on the BofA sales of mortgage servicing rights: In conjunction with Nationstar's purchase of servicing rights on $215B in UPB, Newcastle Investment (NCT) acquires the excess servicing rights on the portfolio. Both Newcastle and Nationstar are subsidiaries of Fortress Investment (FIG).
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    (NCT) gives a much better dividend than (FIG).
    7 Jan, 11:27 AM Reply Like
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