- NY Dept. of Financial Services chief Ben Lawsky earlier this month indefinitely halted a deal for Wells Fargo to sell $2.7B in MSRs to Ocwen (OCN +8.9%) - helping along a sizable selloff in the sector - but Inside Mortgage Finance is reporting the deal could be approved by late March.
- Moving higher along with Ocwen: Nationstar (NSM +3.4%), New Residential (NRZ +0.9%), Walter Investment (WAC +3.2%), Altisource Portfolio Solutions (ASPS +6.9%), Home Loan Servicing (HLSS +5.5%).
From other sites
at 4-traders.com (Tue, 9:42PM)
Ocwen Financial Intends to Sell Additional $25 Billion Portfolio of Mortgage Servicing Rights to Nationstarat 4-traders.com (Tue, 6:01PM)
at 4-traders.com (Mon, 7:31AM)
at CNBC.com (Mar 2, 2015)
at Benzinga.com (Feb 23, 2015)
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