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EverBank closes sale of MSRs

  • The sale was for $10.3B in unpaid principal balance of Frannie and private investor MSRs to Green Tree Servicing. EverBank (EVER) expects to close on a sale of $1.9B of UPB of private investor MSRs to Green Tree at a later date.
  • The bank also announces all necessary third-party consents to close the sale of its default servicing platform to Green Tree.
  • Source: Press Release
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