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Nonbank Mortgage Servciers

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OcwenÕ servicer ratings just took another hit 

Feb 06, 2015By

Things just keep going from bad to worse for Ocwen Financial. After Fitch Ratings downgraded the nonbank’s mortgage servicer ratings earlier this week, Morningstar is issuing a downgrade of its own, as a result of Ocwen’s “continuing regulatory scrutiny and allegations of improper servicing practices.”

3d rendering of a row of luxury townhouses along a street

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