By: Benzinga
Altisource Portfolio to Buy Some Businesses of Homeward Res, Rescap, Combined Purchase Price $218.6M
Altisource Portfolio Solutions S.A., on behalf of itself and its subsidiaries, ("Altisource") (Nasdaq: ASPS ) entered into non-binding letters of intent with Ocwen Financial Corporation, on behalf of itself and its subsidiaries, ("Ocwen") (NYSE: OCN ) to acquire certain fee-based businesses related to Ocwen's recently acquired Homeward Residential Holdings, Inc. mortgage servicing and
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