Debt Collector
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3.2KImagine Owning Ocwen Financial And Trying To Stomach The 94% Share Price Drop (NYSE:OCN) as Ocwen President & CEO Glen Messina Acquires 132,000 Shares of the Company
Every investor in Ocwen should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies. Imagine...
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1.9KCFPB Lawsuits Against Mortgage Insurers Kickbacks Revisited
CFPB's paltry fine; in the context of the massive amount of mortgage fraud that occurred in this industry, a $15 million penalty...
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2.2K1How Texas is Responsible for Discarding their Elderly Citizens and Making them Homeless
Texas Association of Realtors donations to lawmakers so far in 2019; $8,279,463. Property values in their Southeast Austin neighborhood have gone up...
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1.6KIf You Haven’t Received the Memo – The Governments Consumer Protection Watchdog Is Ready To Make It Easier For Debt Collectors To Harass You
The CFPB has 1,600 staff and the majority of those are lawyers. The Annual Payroll is around $250,000,000. They need to be...
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1.8K1Ocwen Financial: Q2 2019 Earnings Call Transcript
Ultimately, our vision for Ocwen is to be a leading mortgage servicer with a core competency in loss mitigation that creates positive...
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1.9KConsumer Watchdogs are Toothless While Goldman Sachs and JPMorgan Control the Government and Trumps Cabinet
The GAO’s report shows that HUD had no rules in place to ensure that the sales would help homeowners, and in fact,...
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3.7K2Connie Pfeiffer of Beck Redden Celebrates “Changing of the Guard” with Fifth Cir. Court of Appeals Judges Jim Ho & Don Willett
Thanks to Judge Jim Ho, @JusticeWillett, and moderator Connie Pfeiffer for a great presentation at our monthly section meeting! Today was also...
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2.1KTexas: The First Court of Appeals Authors a 39 Page Opinion Feeling Sorry for a Law Firm Seeking to Collect on a 20 Year Old Judgment
A Houston law firm’s 20-year effort to collect a $38,000 judgment from a nonpaying client is back on track after an appellate...
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1.7KThe Delinquent Don: El Paso Claims US President Donald Trump Owes over them Over Half a Million Dollars for his Last Rally in the Border Texas Town
According to Laura Cruz-Acosta, communications manager for the El Paso city manager’s office, the president has an outstanding bill of $569,204.63 for...
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2.4K3The TaxPayers Bill: We Calculated the Unconstitutional Consumer Finance Protection Bureau’s (CFPB) Payroll Costs and What We Uncovered is Offensive
The consumer bureau, as well as fellow financial regulators like the Securities and Exchange Commission and the Office of the Comptroller of...
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4.3K1Leon “Lee” Cooperman is one of the Largest Investors in Non-Bank Mortgage Servicers and Related Companies Like Ocwen Alter-Ego Altisource Portfolio Solutions
Leon Cooperman founded Omega in 1991 after 25 years at Goldman Sachs. As of Oct. 31, 2018, the firm had $3.3 billion...
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2.8KOcwen’s Ousted Founder William Erbey’s Alter-Ego Called AltiSource Portfolio Solutions Q2 2019 Earnings Call Transcript
Leon Lee Cooperman of Omega Advisors: You know, it is very frustrating in terms of the amount of money you've spent on...
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2.1K2Steve ‘Foreclosure King’ Mnuchin Writes His Own Stay Out of Jail Free Card as “HUD Approves Discrimination Settlement Agreement”
Senate Democrats fiercely opposed Mnuchin's and Otting’s nominations to the Trump administration, dubbing Mnuchin the “Foreclosure King.” Both defended their track record...
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3.1K1Billy “The Cat” Barr the Attorney General [aka Union Mafia Boss] Has Hit the Jackpot by Being a Returning Revolver and Active Lobbyist with Corporations and Law Firms Lining Up to Pay for Protection
Two weeks after federal agents raided the manufacturer’s offices, the company’s CEO announced he was bringing on Barr to take a fresh...
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1.6KJustice Department Coordinates Largest-Ever Nationwide Elder Fraud Sweep but Fails to Find Louisiana On the Map and Arrest the Fifth Circuit for Elder Abuse and Fraud
Elder Fraud Mr President is at Your Door and You Appointed the Fraudsters into the US Cabinet's highest positions. After all, it...
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2.8KJudge Gregg Costa, Mortgage Fraud Prosecutor Post Financial Crisis, US District Judge for SDTX and Ethically Did Not Recuse from Priester II in 2019
Gregg Costa: For a lawyer and Judge that was probably the closest to the mortgage fraud by all the lenders post Great...
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1.4KCFPB is Inviting Sponsorship Deals and Has Started with a Prepaid Credit Card Offer from H&R Block
This episode seems to be part and parcel of the dramatic remaking of the CFPB in the hands of Trump, who in...
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2.1K1Judge Carolyn Dineen King [Mrs. Reavley] in 1988 Provided the Fifth Circuit a Precedent for Mortgage Application Fraud. In 2015, the 5th Circuit Ignored it, and Again in 2018 in Deutsche Bank v Burke
As we agree with the district court that the false statements had the capacity to influence a savings and loan institution's decision...
