Mortgage- servicing rights, for example, are often bought and sold among servicers.

And new bank capital rules for mortgage servicing rights also increase costs in the business.

In anticipation of the new rules, some banks have been selling off mortgage servicing rights.

Ocwen has sold about $90 billion of servicing rights since February.

Reuters reported last week that Ocwen was in the lead to purchase the portfolio of servicing rights.

Since the settlement, Ocwen has been selling billions of dollars of servicing rights as it streamlines operations.

Fulton said in a separate statement it has strengthened its process for valuing its mortgage servicing rights portfolio.

The loan is backed by mortgage servicing rights, a significant portion of which Barclays already had liens against.

Lawsky said servicers are buying up mortgage- servicing rights due to stronger capital requirements for banks following the mortgage crisis.

Bank of America announced similar deals for more than $300 billion of servicing rights earlier this year.

Ocwen sold $9.8 billion of servicing rights to Nationstar Mortgage last month.

August 5: Sells servicing rights on a pool of 400,000 mortgages to Fannie Mae.

Ally Bank said it is exploring strategic alternatives for its agency mortgage servicing rights portfolio and its business lending operations.

Ally Bank said it was exploring strategic alternatives for its agency mortgage servicing rights portfolio and its business lending operations.

Because it is buying ResCap operations, Ocwen has an added incentive to also purchase Ally's mortgage servicing rights, the sources said.

But the quarter was also marred by losses on loans held for sale, equity investments and hedges against mortgage servicing rights.