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Tag Archives: Acquisitions

Ocwen Completes Acquisition of PHH

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On Thursday, Ocwen announced the completion of its acquisition of PHH and that Glen A. Messina became the President and CEO of Ocwen and a member of Ocwen’s Board of Directors. Here are the details

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Real Estate Investor Acquires Mortgage Servicer for $1.3 Billion

New Residential Investment Corp. and Home Loan Servicing Solutions Ltd. announced a definitive merger agreement on Sunday. The merger agreement sets for New Residential to acquire all of the outstanding shares of HLSS for $18.25 per share in cash, totaling approximately $1.3 billion. The purchase price represents a 9 percent premium to HLSS' closing price of $16.76 on February 20.

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