Facing a maturity date next month, a $188 million commercial mortgage-backed securities loan tied to the St. Regis Bal Harbour Resort is being transferred to special servicing, according to ...
CHEVY CHASE, Md.--(BUSINESS WIRE)--Solar Servicing LLC (“Solar Servicing” or the “Company”), a wholly owned subsidiary of Forbright Bank, today announced that it has completed its transaction to ...
A trustee overseeing the bankruptcy of Tricolor Holdings is seeking court approval for Vervent Inc. to take over servicing car loans originated by the bankrupt subprime lender, according to a court ...
PSG are dealing with growing uncertainty at the goalkeeper position, and LOSC Lille’s Lucas Chevalier is emerging as a potential long-term solution. The 23-year-old French shot-stopper has drawn ...
Ocwen Loan Servicing LLC violated the Fair Debt Collection Practices Act through the use of the Speedpay payment processing service, by charging “convenience fees” to consumers who effectively have no ...
The mortgage servicing industry is under increasing pressure to adapt, driven by operational inefficiencies, rising costs and heightened regulatory scrutiny. Traditionally reliant on manual processes ...
NEW YORK (AP) — The U.S. Consumer Finance Protection Bureau has filed a proposed order to permanently ban Navient from directly servicing federal student loans, which the agency says will put an end ...
The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty. By Tara Siegel Bernard Navient, formerly one of the ...
Ocwen announced plans to acquire a reverse mortgage servicing portfolio in its first earnings report since rebranding as Onity Group. The company recorded a net profit somewhat in line with ...
June 13 (Reuters) - Lawyers for a class of more than 300,000 home loan borrowers asked a California federal judge on Wednesday to approve a settlement to resolve "hidden junk fee" claims against ...
Newrez, a large mortgage lender based in Pennsylvania, informed the state on Monday that it will fire another 317 workers in Colorado beyond the 103 it said it would dismiss in early May. “Newrez LLC ...
The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) announced this week that they have filed an amicus brief in the U.S. Court of Appeals for the Eleventh Circuit, ...