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Home Loan Servicing Solutions Ltd (HLSS) Home Loan Servicing Solutions and its wholly owned subsidiaries are engaged in the business of acquiring mortgage servicing assets. Co. has engaged Ocwen Financial Corporation and its subsidiaries, a residential mortgage loan servicer, to service the mortgage loans underlying its mortgage servicing assets. Co. is focused on acquiring mortgage servicing assets, whereby it acquires the rights to receive the servicing fees that the servicer is entitled to receive (Rights to MSRs) and associated servicing advances, and the servicer will continue to service the mortgage loans and receive compensation from Co. for its servicing activities.
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