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Altisource Portfolio Solutions has tapped Guggenheim Partners for a possible sale of its Lenders One originations business. So reports Bloomberg News.
Sources familiar with the matter, who asked not to be named because the information wasn’t public, told Bloomberg that interest was expected from strategic and private equity bidders.
Altisource divulged over the summer that it was open to selling Lenders One following lofty valuations for competitors’ funding rounds.
