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Ocwen Financial repays $26.3 million of senior secured term loan
By Marisa Wong
Morgantown, W.Va., July 20 – Ocwen Financial Corp. paid down about $26.3 million of its senior secured term loan on July 19, after receiving payments in connection with sales of mortgage servicing rights, according to an 8-K filing with the Securities and Exchange Commission.
Following the paydown, the company has roughly $342.7 million outstanding under its senior secured term loan.
Ocwen is a financial services holding company based in West Palm Beach, Fla.
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