Servicing portfolio propels Ocwen to profitability in Q1
Housing Wire
APRIL 28, 2022
Nonbank mortgage lender and servicer Ocwen Financial Corporation reported a $58 million profit in the first quarter, according to preliminary quarterly results released Thursday. MSR fair value gains more than offset a pre-tax loss in forward originations.” . Ocwen added $20 billion to its servicing portfolio during the first quarter.
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