11.06.2015 17:39:00

Ocwen Financial Corporation -- Moody's: Ocwen able to decrease leverage after sale of mortgage servicing rights

New York, June 11, 2015 -- Ocwen Financial Corporation's announced sale of $90 billion in mortgage servicing rights (MSRs) is credit positive for the company because Ocwen is likely to use the proceeds to significantly decrease its financial leverage.

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