Ocwen enters massive MSR agreement with OneWest Bank

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OneWest requested that Moody’s provide its opinion on whether the ratings on the securities issued by the affected transactions would be downgraded or withdrawn as a result of each of the transactions having its loan servicing transferred to Ocwen from OneWest by way of the mortgage servicing right ("MSR") sale.

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Ocwen Financial (OCN) is buying mortgage servicing rights and related servicing advances from OneWest Bank in Pasadena, Calif., for $2.5 billion. The atlanta mortgage servicer said Thursday it would buy $78 billion in unpaid principal balances of mortgage servicing rights using a combination of cash and available credit.

claims against OneWest Bank, Morgan Stanley, or any other entity not a party hereto regarding conduct relating to loans for which the servicing was acquired by Ocwen from OneWest Bank in . Case 1:13-cv-02025-RMC Document 12-5 Filed 02/26/14 Page 2 of 5

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In Jun 2013, Ocwen entered into a definitive agreement to acquire mortgage servicing rights. the company had announced a deal to buy MSRs worth $78 billion from Calif.-based OneWest Bank, FSB for.

Ocwen Loan Servicing entered into a mortgage servicing rights purchase and sale agreement with OneWest Bank.Ocwen [stock OCN][/stock] has agreed to purchase $78 billion in unpaid.

Ocwen Financial shares rise 3% following MSR purchase Ocwen Fincl (OCN $3.90 ) agreed to purchase $78 billion UPB of MSRs from OneWest Bank. On June 13, 2013, Ocwen Loan Servicing, LLC, a Delaware