NY regulator freezes Ocwen-Wells Fargo $2.7B MSR deal

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NY regulator freezes Ocwen-Wells Fargo $2.7B MSR deal The "regulator with zeal" heading New York’s Department of Financial Services says. of information management to the affiliated companies. Regarding the Ocwen/Wells Fargo deal, the DFS says it is.

Ocwen Financial Corporation is no longer on the NYSE naughty list. The nonbank financial servicer is now in full compliance with the New York Stock Exchange, finally putting the company in good graces.

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The Borrower Bailout Fallacy: Why PIMCO’s Bill Gross is Flat-Out Wrong RealtyTrac’s Sharga: Banks still holding 70% of REO from market NY regulator freezes Ocwen-Wells Fargo $2.7B msr deal sponsor content Just three days ago, Ocwen closed at $23.04, receiving a bump on rumors that New York Department of Financial Services.

At the center of New York Department of Financial Services chief Ben Lawsky’s concerns are Ocwen’s (OCN-2%) relationship with Altisource Portfolio Solutions (NASDAQ:ASPS) and its home-auction website.

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The “regulator with zeal” heading New York’s Department of Financial Services says. of information management to the affiliated companies. Regarding the Ocwen/Wells Fargo deal, the DFS says it is.

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HLSS Chairman William Erbey said the New York Department of Financial Services’ indefinite hold on the .7 billion msr deal between Ocwen Financial (OCN) and Wells Fargo (WFC) has put a freeze on all. ATLANTA (AP) – Ocwen Financial Corp. said Thursday that it will delay a deal with Wells Fargo & Co. due to regulatory concerns.