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Stock Market & Financial Investment News

News Breaks
November 1, 2012
09:21 EDTGNW, OCNOcwen in deal to acquire Genworth Financial Home Equity Access for $22M
Ocwen Financial (OCN) announced that on October 26 the company and Genworth Financial (GNW) entered into an agreement whereby Ocwen will acquire Genworth Financial Home Equity Access for approximately $22M in cash. The company, which will be renamed Liberty Home Equity Solutions, is the number one reverse mortgage lender, according to the latest monthly data, with strong positions in both retail and wholesale originations, Ocwen said. The acquisition is expected to close in the first quarter of 2013.
News For OCN;GNW From The Last 14 Days
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April 23, 2014
05:17 EDTGNWGenworth file prospectus for Australian IPO
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April 21, 2014
14:29 EDTOCNOcwen sent letter about related party issues as NY probe ramps, WSJ says
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