Search for: "Ocwen Loan Servicing Company" Results 1 - 20 of 60
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17 Jun 2019, 6:00 am
Ocwen, "America's largest subprime loan servicer," according to the most recent complaint, teamed up with co-defendant Cross Country Services Inc., which mailed millions of small ($2.50) checks to Ocwen customers. [read post]
In a recent proposed class action consumer lawsuit against Ocwen Loan Servicing, LLC, the parties have agreed to a financial settlement of $17.5 million to cover the claims of more than 1.6 million customers. [read post]
19 Jun 2017, 1:49 pm by Bill Purdy
The State of  Washington fined Ocwen $900,000 for using unlicensed, off shore entities to service Washington home loans. [read post]
13 Jun 2017, 9:15 am by Larry Tolchinsky
Based in West Palm Beach, Ocwen promotes itself as “one of the leading mortgage servicing companies in America. [read post]
8 Feb 2017, 11:23 am by WOLFGANG DEMINO
 Companies with the most mortgage-related complaints: The three companies that the Bureau has received the most average monthly complaints about were Wells Fargo, Bank of America, and Ocwen. [read post]
6 Oct 2016, 2:33 pm by Law Lady
NATIONSTAR MORTGAGE, LLC, Appellee. 2nd District.Mortgage foreclosure -- Evidence -- Hearsay -- Exceptions -- Business records -- Trial court abused its discretion in excluding bank’s business records, which included records from prior servicer, where bank’s witness demonstrated sufficient familiarity with boarding process which occurred after purchase of prior servicer’s assets and witness’s testimony established trustworthiness of prior… [read post]
8 Jul 2016, 11:10 am by Greene LLP
Ocwen Financial, formed in 1988, has been servicing residential mortgage loans since that year, and has serviced “subprime” mortgages since 1994. [read post]
20 Jan 2016, 1:14 pm by Mark Astarita
  Therefore, Ocwen’s executive chairman was able to approve transactions from both sides, including a $75 million bridge loan to Ocwen from a company where he also served as chairman of the board.The SEC’s order finds that Ocwen violated Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Securities Exchange Act and Rules 12b-20, 13a-1, 13a-11, and 13a-13. [read post]
9 Oct 2015, 7:30 am by Don Cruse
AND OCWEN LOAN SERVICING, L.L.C., No. 14-0714 Set to be argued on December 8, 2015 GLENN HEGAR, IN HIS OFFICIAL CAPACITY AS TEXAS COMPTROLLER; AND KEN PAXTON, IN HIS OFFICIAL CAPACITY AS TEXAS ATTORNEY GENERAL v. [read post]
17 Jan 2015, 12:44 am by Nicholas Gebelt
  Joseph Smith, who is overseeing a 2012 settlement with five lenders over flawed foreclosures, said in a report Tuesday that he hired an outside accountant to review Ocwen’s loan servicing after becoming convinced the company’s self-reporting was unreliable. [read post]
29 Oct 2014, 5:05 pm by Allison Tussey
Fortunately for the victims, their mortgage company, Ocwen Loan Servicing, LLC, was able to work out a loan modification that allowed them to keep their home, which they still remain in.. [read post]
10 Jul 2014, 5:29 pm by Michael W. Huseman
If you currently have a mortgage that is serviced by Ocwen Financial Corporation or Ocwen Loan Servicing, or if you had been involved with these companies and lost your home to foreclosure between January 1, 2009 and December 31, 2012, you may be entitled to share in a massive settlement.In December 2013, both of the Ocwen entities into a consent order with 49 States, including Illinois, as a result of… [read post]
23 Apr 2014, 7:40 am by Maureen Johnston
BAC Home Loans Servicing, LP 13-884Issue: Whether, pursuant to Section 1635(f) of Title 15 of the U.S. [read post]
13 Feb 2014, 8:05 am by admin
Ocwen Penalized The largest non bank mortgage service provider, Ocwen, was penalized for “systemic misconduct at every stage of the mortgage servicing process. [read post]
4 Dec 2012, 1:01 pm by Larry Tolchinsky
According to news reports, Goldman Sachs bought a little Texas company named  Litton Loan Servicing back in 2007, which held a bunch of  ”non-performing” sub-prime mortgage home loans that Litton was trying to salvage with loan modifications (among other things). [read post]