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Stock Market & Financial Investment News

News Breaks
March 31, 2014
07:03 EDTFNMA, EVER, FMCCEverBank completes sale of servicing assets to Green Tree
EverBank Financial (EVER) announced that it has closed on the sale of $10.3B of unpaid principal balance of Fannie Mae (FNMA), Freddie Mac (FMCC) and private investor mortgage servicing rights to Green Tree Servicing. In addition, EverBank expects to close on the sale of $1.9B of UPB of private investor MSR to Green Tree pending approval at a later date. EverBank also announced that it has received all third-party consents required to close the sale of its default servicing platform to Green Tree
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