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Ocwen Economic Announces Contract Having Opposite Mortgage Ways to And get Reverse Home loan Servicing Platform

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Ocwen Economic Announces Contract Having Opposite Mortgage Ways to And get Reverse Home loan Servicing Platform

Western Hand Seashore, Fla., (World NEWSWIRE) — Ocwen Financial Business (NYSE: OCN) (“Ocwen” or the “Company”), a prominent low-lender home loan servicer and you may creator, now launched you to their completely-possessed part, PHH Financial Organization (“PHH”), features joined toward a binding agreement that have Reverse Home loan Possibilities, Inc. (“RMS”) as well as mother, Mortgage Property Management, LLC (“MAM”), to acquire substantially all of the functions, possessions and you will group of your own RMS opposite financial repair system. Read More