architecture sketch

MSR subservicing transfer agreed

Category: ABS CDO CLOs

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Sector developments and company hires

Michael Fiebig has been appointed coo at responsAbility Investments. Fiebig will be responsible for the firm’s regional offices and central functions, such as legal, finance and business technology. Previously, he was responsible for private equity investments at responsAbility.

MSR transfer
Ocwen Financial Corp is set to transfer the subservicing of agency loans currently subserviced by its subsidiary PHH Mortgage Corp to New Residential Investment Corp subsidiary NewRez.

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