Altisource Portfolio Solutions SA has entered into non-binding letters of intent with Ocwen Financial Corporation to acquire certain fee-based businesses related to Ocwen's recently acquired Homeward ...
Mortgages require borrowers to maintain homeowners insurance to protect the lender's interest in the property. If a borrower's homeowners insurance lapses, the lender is entitled to purchase ...
(Reuters) - Ocwen Financial Corp strengthened its hold on the residential mortgage servicing market with a $750 million deal to buy Residential Holdings Inc from private equity firm WL Ross & Co.
Ocwen Financial Corporation OCN and private equity firm WL Ross & Co. LLC entered into an agreement today whereby Ocwen will acquire Homeward Residential Holdings, Inc., including its various ...
NEW YORK--(BUSINESS WIRE)--A class action lawsuit has been filed against the mortgage servicing firm Homeward Residential, the insurer QBE Insurance Corporation, the private equity firm WL Ross & Co., ...
Ocwen Financial Corp. has agreed to buy Homeward Residential Holdings Inc. for about $750 million in cash and preferred stock from private equity firm WL Ross & Co. as the loan servicing company looks ...