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

|By:, SA News Editor

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).