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Behind the Headline Numbers of a Mortgage Settlement

An abandoned house in Richmond, Calif., last year.Justin Sullivan/Getty Images An abandoned house in Richmond, Calif., last year.Corporate America has long known the public relations power of putting a big dollar number on a deal. Regulators, it seems, do the same thing.

Ocwen Financial is a behind-the-scenes firm whose business is to gather mortgage payments from millions of borrowers and pass them on to the banks and investors that own the mortgages.

via Behind the Headline Numbers of a Mortgage Settlement – NYTimes.com.

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