Ocwen to acquire New Jersey residential mortgage company PHH Corporation – South Florida Business Journal

NEW YORK & WEST PALM BEACH, Fla.–(BUSINESS WIRE)–New Residential Investment Corp. (NYSE:NRZ, "New Residential") and Ocwen Financial Corporation (NYSE:OCN, "Ocwen") today announced the.

Ocwen is a financial services holding company which, through its subsidiaries, originates and services mortgage loans. On a combined basis, as of December 31, 2017, the company would service 1.9 million loans with an unpaid principal balance of $328 billion and originate more than $3 billion of residential mortgage loans annually.

So we parted with our company and did a joint venture partnership with a company out of New Jersey called American Mortgage Express Corporation, and from 20032007, we basically had our own.

Our headquarters is located at 175 Park Avenue, Madison, New Jersey 07940. Our general telephone number is (973) 407-2000.. In connection with the spin-off of PHH, Cendant’s former mortgage business, PHH Mortgage Corporation, the subsidiary of PHH that conducts mortgage. which could make it difficult for another company to acquire us or.

MOUNT LAUREL, N.J.–(BUSINESS WIRE)–PHH corporation (nyse: phh) announced that it has entered into a definitive agreement in which Ocwen Financial Corporation (NYSE: OCN) will acquire all of the Company’s outstanding shares of common stock in an all cash transaction valued at $360 million, or $11.00 per fully-diluted share, representing a premium of 24% over the closing price of PHH’s.

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PHH Mortgage - PTC & DRC Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated.

MOUNT LAUREL, N.J.–(BUSINESS WIRE)–PHH Corporation (NYSE: PHH) announced that it has entered into a definitive agreement in which Ocwen Financial Corporation (NYSE: OCN) will acquire all of the Company’s outstanding shares of common stock in an all cash transaction valued at $360 million, or $11.00 per fully-diluted share, representing a premium of 24% over the closing price of PHH’s.

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