Home Loan Servicing Solutions, Ltd. Announces Filing of Restated Financial Statements

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Home Loan Servicing Solutions (HLSS) Files Amended Report for 2013

August 18, 2014 6:18 AM EDT

Home Loan Servicing Solutions (Nasdaq: HLSS) announced that, as a result of a material error in the valuation of its Notes receivable Rights to MSRs (the "Notes Receivable"), it is today filing with the Securities and Exchange Commission (the "SEC") (i) an amendment to its 2013 Annual Report on Form 10-K to restate the consolidated financial statements as of and for the years ended December 31, 2012 and 2013, including the quarterly periods within, and (ii) an amendment to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2014 to restate the consolidated financial... More