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Home Loan Servicing prices at $14, low end of the range

By Renaissance Capital,  February 29, 2012, 07:44:12 AM EDT

Home Loan Servicing Solutions, which was recently formed to acquire mortgage servicing rights from Ocwen Financial, priced its 13.3 million share IPO at $14, the low end of the $14-$16 range. Wells Fargo, Barclays, Citigroup and Deutsche Bank were the lead underwriters on the deal. The stock is expected to begin trading on the NASDAQ under the ticker "HLSS" today.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, IPOs

Referenced Stocks: HLSS



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