Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Ocwen Financial, Reverse Mortgage Solutions Close on Servicing Platform Sale

Ocwen Financial Corp.’s wholly-owned subsidiary, PHH Mortgage Corp., has completed the previously announced transaction with Reverse Mortgage Solutions Inc. (RMS) and its parent, Mortgage Assets Management LLC (MAM), to acquire substantially all of the RMS reverse mortgage servicing platform and all of the outstanding equity interests in the RMS Real Estate Owned business, REO Management Solutions LLC (REO). MAM is a subsidiary of investment funds managed by Waterfall Asset Management LLC.

Concurrent with the

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5