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Real Estate & Property Law

: Housing Wire

Ocwen to Spin Off Services, Technology Unit

By PAUL JACKSON

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As has been rumored for months now, Ocwen Financial Corporation (OCN: 8.10 +1.00%) said Friday morning that it will look to spin off its technology and business process outsourcing business line, Ocwen Solutions, separating it from its core subprime mortgage servicing operation. Company officials confirmed they are targeting Q2 2009 for the spin off, with [...]img src="http://feedproxy.google.com/~r/HousingWire/~4/MGl2UiiZ2sg" height="1" width="1"/

Full post as published by Housing Wire on December 19, 2008 (boomark / email).

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