Ocwen financial announces closing of transaction with oaktree to operate msr investment joint venture

West palm beach, fla., may 06, 2021 (globe newswire) -- ocwen financial corporation (nyse: ocn) (“ocwen” or the “company”), a leading non-bank mortgage servicer and originator, today announced the completion of the previously announced transaction with funds managed by oaktree capital management, l.p. (“oaktree”) to operate an msr investment joint venture, msr asset vehicle llc (“mav”), effective may 3, 2021.
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