The Institutional Risk Analyst

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Update: Ocwen & New Residential

In this issue of The Institutional Risk Analyst, we compare two major players in the residential mortgage servicing space, New Residential (NYSE:NRZ) and legacy servicer Ocwen Financial (NYSE:OCN). Although valuations in the mortgage sector have soared since April of 2020, these two firms have not fully benefitted from the low interest rate environment to the same degree.

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