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United Guaranty Corporation has selected Mimi Eaton to join its Strategic Accounts Team as a vice president. 

Chase has announced that it will purchase the mortgage servicing rights (MSRs) for 266,000 Fannie Mae loans, worth an estimated $45 billion from Ocwen Loan Servicing LLC, a wholly-owned subsidiary of Ocwen Financial Corporation. Ocwen previously announced its intention to sell this portfolio of loans.

After last week’s earning results and update to the investment community, it seems that investors are starting to believe in Ocwen Chief Executive Officer Ron Faris’ strategy to build a stronger and better company.

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