CORRECTED: SEC Fines Ocwen-Linked Loan Servicer $1.5M

By Gail Sullivan ( October 5, 2015, 9:43 PM EDT) -- Home Loan Servicing Solutions Ltd. will pay $1.5 million to settle charges that it misrepresented its close relationship with Ocwen Financial Corp., with which it once shared a chairman, and misreported the value of billions of dollars' worth of mortgage servicing rights it bought from Ocwen, the U.S. Securities and Exchange Commission said Monday....

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