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

A second top executive at the troubled mortgage service provider Ocwen Financial Corp. is leaving the company. Ocwen’s CFO michael bourque plans to depart on June 22, according to a Securities.

South Florida; Washington DC; PHH to be Acquired by Ocwen Financial Corp. for $360M. 2/27/18.. New Jersey, the Company has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience.

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OCWEN CARES: Helping homeowners and communities is what we do. Ocwen Financial Corporation and its subsidiaries, PHH Mortgage and liberty home equity Solutions, are committed to helping our customers save money, build equity and, most importantly, stay in their homes.

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13 Best First-Time Homebuyer Programs Ocwen to acquire New jersey residential mortgage company phh Corporation – south florida business Journal A second top executive at the troubled mortgage service provider ocwen Financial Corp. is leaving the company. Ocwen’s CFO Michael Bourque plans to depart on June 22, according to a Securities.

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While Ocwen will strengthen its ties to New Residential, acquiring PHH will also let it diversify its subservicing portfolio with the addition of other MSR owners. Likewise, New Residential is buying Shellpoint Partners, parent company of New Penn Financial. While there is a subservicing component to that deal, New Residential plans to.

Residential Mortgage Corp._Marketing Video 09 ATLANTA, Oct. 3, 2012 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE:OCN) and private equity firm WL Ross & Co. LLC entered into an agreement today whereby Ocwen will acquire homeward residential Holdings, Inc., including its various residential mortgage loan servicing and origination operating subsidiaries, for approximately $588 million in cash and $162 million in Ocwen convertible.

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