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Stock Market & Financial Investment News

News Breaks
November 15, 2012
17:48 EDTHLSSHome Loan Servicing announces payment dates for November, December dividends
The Board of Directors of Home Loan Servicing Solutions increased the dividend for the months of November and December by 1c to 12c per ordinary share. November's dividend will be paid on December 10 to shareholders of record as of November 30, and December's dividend will be paid on January 10, 2013 to shareholders of record as of December 31.
News For HLSS From The Last 14 Days
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July 17, 2014
07:42 EDTHLSSHome Loan Servicing reports Q2 adjusted EPS 58c, consensus 55c
Reports Q2 adjusted revenue $194,253, consensus $188.65M. Reports Q2 GAAP revenue $98.53M. Reports Q2 adjusted servicing fee revenue $185.69M.
July 16, 2014
07:19 EDTHLSSNationstar, Walter Investment downgraded to Underperform at Wells Fargo
Wells Fargo downgraded both Nationstar (NSM) and Walter Investment (WAC) to Underperform from Market Perform and reduced its sector weighting for Mortgage Servicers to Underweight from Market Weight after its cash flow analysis pointed to share downside. Wells also highlights the continued regulatory issues for the space. The firm lowered its price target range for Nationstar shares to $25-$27 from $29-$32 and for Walter to $22-$24 from $27-$32. Wells keeps Buy ratings on Home Loan Servicing (HLSS) and PennyMac (PFSI).

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