Nrz Management Agreement

The further connections to Mahikeng, South Africa 1911 Rhodesia Railways secured a special agreement to preserve its access rights under the Tati Concessions Land Act, which officially annexed a former territory of Matabeleland, an area including Francistown, to the protectorate of Bechuanaland (now Botswana). NEW YORK – WEST PALM BEACH, Fla.–New Residential Investment Corp. (NYSE:NRZ, “New Residential”) and Ocwen Financial Corporation (NYSE:OCN, “Ocwen”) announced today that the companies have signed final agreements to transfer Ocwen`s stake in mortgage rights (“MSR”) and subservicing to approximately $110 billion. Following the sale of MsRS to NRZ, the undersused agreement replaces some existing agreements between NRZ and Ocwen. The transaction includes the following key terms: Payment amount based on the transfer of all loans as of June 30, 2017. The amount shown is different from the value previously estimated in Ocwen`s May 2017 press release, which referred to a month at the end of March 2017, due to contractual adjustments received by Ocwen under existing agreements up to the transfer date. Certain statements contained in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, such as. B declarations of receipt and date of receipt of Ocwen`s interest transfer authorizations for Ocwen`s MSRs, New Residential`s ability to continue to safeguard its interests in its MSRs, the transaction that provides stability to the entire service sector, the ability of New Residential and Ocwen to maintain a good sub-trade relationship, and all the expected benefits of such agreements to New Residential and Ocwen shareholders. These statements are based on the current expectations and beliefs of the new Residential and Ocwen administration and are subject to a number of trends and uncertainties that could lead to actual results differing materially from those described in the forward-looking statements, many of which are beyond the control of New Residential and Ocwen, such as administrative approvals.B. Neither New Residential nor Ocwen can ensure that their expectations will be met as described here, or at all. As a result, you should not rely too much on the forward-looking statements contained in this press release. An explanation of certain significant risks and factors that may affect these forward-looking statements can be found in the “Risk Factors” and “Discussion and Analysis of Financial Status and Results of Business” sections of management in Form 10-Q and activity reports on Form 10-K available on each company`s website (www.newresi.com; www.ocwen.com).