NY Regulator To Halt Ocwen-Wells Fargo Mortgage-Servicing Deal
Concerns Over The Mortgage Servicer's Ability To Handle More Loans
WSJ-A New York state regulator has indefinitely stopped a $2.7B deal by by Ocwen Financial (OCN) to buy mortgage-servicing rights from Wells Fargo (WFC), according to The Wall Street Journal, citing a person familiar with the matter.