Mortgage servicer, Ocwen Financial, and Carrington Holding are among bidders for Litton Loan Servicing, Reuters reports. Goldman Sachs Group’s mortgage servicing unit is expected to fetch up to $500 million or so in the auction. The New York-based financial group has also offered to provide 85% of funding for the transaction. Goldman Sachs acquired Texas-based Litton Loan Servicing in 2007 for around $430 million.

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