Brief: Altisource says co is in communication with Ocwen and New Residential

Altisource Portfolio Solutions SA

08/05/2017 13:24

May 8 (Reuters) - Altisource Portfolio Solutions Sa  ASPS.O  
    * Altisource responds to potential transaction between ocwen 
and new residential 
    * Altisource portfolio solutions sa - altisource is in 
communication with both ocwen and nrz 
    * Altisource portfolio - expects any potential agreement 
between ocwen and nrz will be consistent with and respect co's 
service agreements with ocwen 
    * Altisource portfolio - aware that ocwen and nrz have each 
stated that there are on-going negotiations for a deal 
    * Altisource portfolio - view efforts by ocwen & nrz to 
reach deal that reduces "uncertainty and strengthens 
relationship between nrz and ocwen as a positive development" 
 
Source text for Eikon:  ID:nGNXNUSVKa  
Further company coverage:  ASPS.O  
 
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