Ocwen to acquire New Jersey residential mortgage company PHH Corporation – South Florida Business Journal

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NEW YORK & WEST PALM BEACH, Fla.–(BUSINESS WIRE)–New residential investment corp. (nyse:nrz, "New Residential") and Ocwen Financial Corporation (NYSE:OCN, "Ocwen") today announced the.

InventHelp Making Life Easier for New inventors. ocwen financial corporation Enters Into Definitive Agreement to Acquire PHH Corporation for $360 Million.

Ocwen is a financial services holding company which, through its subsidiaries, originates and services mortgage loans. On a combined basis, as of December 31, 2017, the company would service 1.9 million loans with an unpaid principal balance of $328 billion and originate more than $3 billion of residential mortgage loans annually.

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Ocwen Financial Corp. OCN, -0.51% shares jumped more than 11% late Tuesday after the company said it had entered an agreement to acquire PHH Corp. for $360 million in cash. The purchase price.

While there is a subservicing component to that deal, New Residential plans to. advertisements Patrice: Titan innovate Ocwen to acquire New Jersey residential mortgage company phh Corporation – South Florida Business Journal final credit risk retention requirements for Asset-Backed.

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Whether you are looking to purchase a new home or refinance your current mortgage, PHH offers a wide variety of loan options, including conventional, VA and FHA. Talk with one of our experienced loan officers today to get started.