GEORGE TOWN, Grand Cayman, March 25, 2015 (GLOBE NEWSWIRE) -- Home Loan Servicing Solutions, Ltd. ("HLSS") (Nasdaq:HLSS) announced today that it has posted its 2014 PFIC Annual Information Statement to its website.
HLSS is considered a PFIC for U.S. Federal income tax purposes through 2014 and expects to be treated as a PFIC for the foreseeable future. U.S. shareholders are advised to consult with their tax advisors with respect to the 2014 PFIC Annual Information Statement.
To access the HLSS 2014 PFIC Annual Information Statement, select the "Tax Information (PFIC)" link on the home page of the HLSS website at www.hlss.com.
For more information on prior releases and SEC Filings, please refer to the "Shareholders" section of our website at www.hlss.com.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of future performance, and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the following: general economic and market conditions, prevailing interest rates, governmental regulations and policies, availability of adequate and timely sources of liquidity, our ability to maintain our PFIC status, real estate market conditions and other risks detailed in HLSS' reports and filings with the Securities and Exchange Commission. The forward looking statements speak only as of the date they are made and should not be relied upon. HLSS undertakes no obligation to update or revise the forward-looking statements.
CONTACT: FOR FURTHER INFORMATION CONTACT: James E. Lauter Senior Vice President & Chief Financial Officer T: +1 345-815-9902 E: James.Lauter@hlss.com
Source:Home Loan Servicing Solutions, Ltd.