(Bloomberg) — Ocwen Financial Corp., the mortgage servicer
under attack for its handling of home loans, slumped the most in
more than a month after receiving notices that it was being
fired from overseeing debt backing two bond deals.

The company’s shares dropped 17 percent to $8.14 on Friday,
the most since Jan. 23. Wells Fargo amp; Co., the trustee for the
transactions, said in letters to investors this week that a
majority of bondholders had directed it to terminate Atlanta-based Ocwen from working on the deals, which include about $260
million of loans, or less than 0.1 percent of its servicing
business,...