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Loan Modification

: Mortgage Lender Implode-o-Meter

Ocwen, Centerbridge eye ResCap

By Implode-Explode Heavy Industries

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"Mortgage servicer Ocwen Financial Corp (OCN.N) and private equity firm Centerbridge Partners are among the suitors for Ally Financial's Residential Capital (ResCap), as a deadline for final bids for the mortgage unit approaches, three sources familiar with the matter said."

Full post as published by Mortgage Lender Implode-o-Meter on September 25, 2010 (boomark / email).

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