Relevant:
- Goldman Sachs Will Sell Litton Loan Servicing to Ocwen for $264 Million
- Goldman Sachs Said to Be Poised to Sell Litton Mortgage Business to Ocwen
- Mortgage Firms Struggle to Redo Hard-Hit Loans
- FRB: Press Release--Federal Reserve Board reaches agreements in principle with Goldman Sachs and Morgan Stanley to provide $557 million in payments and other mortgage assistance to borrowers
- Ocwen in lead to buy Goldman's Litton
2011-08-03 — nypost.com
"The bank's decision to offload the mortgage processing subsidiary comes nearly two months after Goldman Sachs sold its mortgage servicing unit, Litton Loan Servicing, to Ocwen for about $600 million, -- including $264 million in cash and the retirement of $337 million in debt."
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