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Ocwen Financial pays back $60.4 million of senior secured term loan
By Tali Rackner
Norfolk, Va., May 4 – Ocwen Financial Corp. paid down roughly $60.4 million of its senior secured term loan on Friday, according to an 8-K filing with the Securities and Exchange Commission.
Following the transaction, the remaining balance on the term loan is about $1.12 billion.
Based in Atlanta, Ocwen provides mortgage loans and loan modification services in the United States, India and the Philippines.
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