Study shows consumers spend too little time mortgage shopping
Most buyers apply to only one lender.
Most buyers apply to only one lender.
Mortgage servicer Ocwen Financial Corp said it would sell a portfolio of residential mortgage servicing rights worth $9.8 billion to Nationstar Mortgage Holdings Inc. Ocwen's shares were up 7.3 percent at $10.30 in premarket trading on Monday. The portfolio comprises about 81,000 performing loans owned by government-controlled mortgage finance firm Freddie Mac . The U.S. Federal Housing Finance …