Hints and tips:
...– An Altisource bull had the bears in a vise… until the shares dropped 42 per cent....
...In addition to stepping down as executive chairman of Ocwen, Mr Erbey will resign from positions at four other companies in his mortgage-related empire: Altisource Portfolio Solutions, Altisource Residential...
...Altisource will also be paid $5m in fees, the DFS says, for providing services it is already required to provide....
...Like Altisource, HLSS is another in a series of housing-related companies contained in the sprawling corporate empire created by Bill Erbey, Ocwen’s founder and chairman....
...Portfolio Solutions, Altisource Residential Corporation, Altisource Asset Management Corporation, and Home Loan Servicing Solutions....
...“Our review has raised concerns surrounding conflicted business relationships between Ocwen and Altisource Portfolio,” Mr Lawsky wrote in a letter to the company released on Monday....
...The expected IPO activity comes as smaller entities have already successfully listed, such as Silver Bay Realty Trust, which was spun out of Two Harbors Investment Corp, and Altisource Residential....
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