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ThSeeker

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Re: Enterprising Investor post# 240

Friday, 04/21/2017 9:50:42 AM

Friday, April 21, 2017 9:50:42 AM

Post# of 724
In the case of Ocwen, New Residential is able to pull the servicing starting in April without a termination expense and minor transaction expenses. If New Residential moves the servicing, it can draw on its relationship with PHH (PHH – Not Rated), Nationstar Mortgage (NSM – Not Rated), or a number of other servicers to subservice its holdings.

http://blogs.barrons.com/incomeinvesting/2017/04/20/new-residential-falls-as-ocwen-plummets/?mod=yahoobarrons&ru=yahoo&yptr=yahoo

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

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