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Bidders including Ocwen Financial (OCN -0.8%) and Carrington Holding have jumped into the...

Apr. 14, 2011 1:30 PM ETOcwen Financial Corporation (OCN) StockGS, OCNBy: Jason Aycock, SA News Editor
Bidders including Ocwen Financial (OCN -0.8%) and Carrington Holding have jumped into the auction for Goldman Sachs' (GS -2.1%) Litton mortgage-servicing unit - a sale that could bring $500M and includes GS financing 85% for the buyer. Goldman bought Litton for about $430M in 2007, when servicing looked like a much better business.

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