Ocwen Financial repays about $7.6 million of senior secured term loan

By Wendy Van Sickle

Columbus, Ohio, Jan. 13 – Ocwen Financial Corp. paid down about $7.6 million of its senior secured term loan on Wednesday, according to an 8-K filing with the Securities and Exchange Commission.

Following this paydown, the company has about $390.9 million outstanding under the term loan.

The repayment came after the company’s receipt of payments for sales of mortgage servicing rights.

Based in Atlanta, Ocwen provides residential and commercial mortgage loans.

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