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New Residential to buy Home Loan Servicing Solutions for $1.3 billion 

Feb 23, 2015By

It appears that Home Loan Servicing Solutions was listening to the growing chorus of investors who wanted the company to separate itself from embattled nonbank Ocwen Financial. Early Monday morning, Home Loan Servicing Solutions announced that it entered into a definitive merger agreement with New Residential Investment. The final price tag? $1.3 billion.

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