It was only a single sheet of paper, but troubled mortgage servicer Ocwen couldn’t even get that right. Last March, Brooklyn resident Douglas Gibbs sold his home, paid off his mortgage and contacted ...
LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Ocwen Financial Corporation (“Ocwen” or the “Company”) ...
Citing numerous issues with consumer escrow accounts and a “deficient financial condition,” a consortium of state banking regulators just put Ocwen Financial’s mortgage business on life support. In a ...
Ocwen Loan Servicing has been hit with temporary cease-and-desist orders by Connecticut and 24 other states for failing to properly manage home loan escrow accounts that set aside funds for payment of ...
April 20, 2017 is turning into D-Day for Ocwen Financial. On Thursday, a group of state banking regulators issued a series of cease-and-desist orders to Ocwen that prohibit the acquisition of new ...
JPMorgan Chase & Co., the second-biggest servicer of U.S. mortgages, agreed to buy the right to manage about $45 billion in home loans from Ocwen Financial Corp. starting June 1. The deal involves ...
BOSTON (Reuters) - The Massachusetts attorney general sued a unit of Ocwen Financial Corp on Friday, accusing the mortgage servicing company of engaging in abusive practices that harmed thousands of ...
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