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Opteum to Sell Specific Mortgage Servicing Rights

04/26/2007 By: Kerri Panchuk Printer Friendly View

Vero Beach, Florida-based Opteum Financial Services, LLC (OFS), a subsidiary of Opteum Inc., has entered into a definitive agreement to sell a majority of the company’s private-label and agency mortgage servicing portfolio, according to a company press release.
News of the sale follows a recent announcement in which Opteum announced it would be exiting its conduit and wholesale mortgage loan origination businesses.


Author: Kerri Panchuk • Date: 04/26/2007

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