(Source: Bloomberg By Christine Harper) – Goldman Sachs Group Inc. (GS) is closing in on the sale of Litton Loan Servicing LP to Ocwen Financial Corp. (OCN), two months after writing down the value of the mortgage- servicing business by about $200 million, according to a person briefed on the negotiations.The sale of the unit to Ocwen, a mortgage servicer based in West Palm Beach, Florida, may be announced within days, said the person, who spoke on condition of anonymity because the talks are private.

Source: Bloomberg By Christine Harper

Jun 2, 2011 6:34 PM PT

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