#mortgage-servicing

#mortgage-servicing

...the decision is much in line with what we've been thinking. It's no shocker. It's the same as what others have speculated, given the volatility of what's going on in the market in D.C. right now.

UBS executives confirmed the sale of Credit Suisse's U.S. servicing business will reduce costs and lower risk, marking a strategic move to enhance its balance sheet.