Unit Owned by Ocwen Chief Readies IPO

Home Loan Servicing Solutions Ltd., a newly formed Cayman Island corporation controlled by Ocwen CEO Bill Erby, plans to sell 18.3 million shares in its initial public offering, raising $316.3 million from investors.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_409/unit-owned-by-ocwen-chief-readies-ipo-1026097-1.html?CMP=OTC-RSS

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