Corporate Report: December 7

  • By Business Observer Staff
  • | 8:04 a.m. December 7, 2012
  • Strategies
  • Share

Court approves bid for ResCap assets from Walter Investment, Ocwen Loan Servicing
Tampa-based Walter Investment Management Corp. announced that its joint bid with Ocwen Loan Servicing LLC to buy some of the assets of Residential Capital LLC (ResCap) was approved by the U.S. Bankruptcy Court for the Southern District of New York. The transaction is expected to close in the first quarter.

 

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