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5.9KFederal JudgesJudge in New York Class Action Asks Counsel to Prove “Plan Assets” in RMBS Suit Naming Ocwen as Liable Mortgage Servicer
The first amended complaint also asserts that Ocwen exercised sweeping, unchecked control of the management and disposition of securitized mortgages, and was...
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5.8KEditors ChoiceOcwen’s Ousted Founder William Erbey Leaves Atlanta for St Croix, Gets Ocwen to Buy His Mansion and Buys a Maltese Passport for a Premium Fee of $725,000. An Ethical Kinda Billionaire.
Ocwen paid Erbey a $500,000 salary and a $1.4 million incentive last year, but his real wealth lies in his large stakes...
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4.0K3Federal LawAlter Ego Altisource Rebrands [a Group of Ocwen Companies] to Create More Smoke and Mirrors and Illegally Earn Founder William Erbey Billions off Homeowners in USA
Ocwen and Altisource try Rebranding to Deflect from a Decade of Financial and Regulatory Abuse in the lucrative Eviction of US Citizens...
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2.4KFederal LawUS Bank Sues Bank of America for Defective Mortgage Loans A Decade After the Financial Crisis
The complaint also alleges that First Franklin knew the loans were defective when the trust was formed. U.S. Bank is seeking compensation...
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2.0KAppellate CircuitFifth Circuit Judge Willett Opines: Twitter is a Cesspool and an Aggregator of Trollery and Vitriol but I Leveraged it to Get to Where I am Today.
Willett: As a state judge campaigning for office, it was political malpractice not to leverage social media smartly. I loved demystifying &...
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3.8K1Deutsche BankFake Companies, Fake Documents, and an Outrageous Foreclosure Judgment Should Receive Supreme Court Notice. Well, Not if You are Opposing Deutsche Bank, Ocwen or MERS
LIT perused the list of Supreme Court 'denied' Petitions and of course, when it's foreclosure related and has the name Deutsche Bank,...
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3.4KEditors ChoiceMastermind of $1.3 Billion Investment Fraud (Ponzi) Scheme Robert Shapiro Sentenced to 25 Years in Prison (S.D. Fla.)
Shapiro spearheaded and concealed an enormous Ponzi scheme through his business, Woodbridge. Woodbridge employed approximately 130 people and had offices located throughout...
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2.2KAppellate CircuitAccording to former Alabama SG and Now 11th Circuit Judge, Newsom Opines; Ocwen’s Statements are Mere ‘Puffery’ in this Investor Law Suit
After careful review, we find that none of Ocwen’s statements rises to the level of an actionable misrepresentation of material fact. Some...
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2.0KAppellate JudgesCFPB and All American Submit their Letters to the Fifth Circuit as the CFPB Constitutionality Question Rages On
According to All American, its case would thus allow the Supreme Court to decide not only the CFPB’s constitutionality but the equally...
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3.8K1Deutsche BankIn Milan, a Judge Presides Over Deutsche Banks Criminal Trial. William Broeksmit, a DB Managing Director Won’t Testify. He was Found Hanging by a Dog Leash
Italy took a hard line against bankers involved in helping Banca Monte dei Paschi di Siena SpA falsify its accounts, sentencing Deutsche...
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2.3KDeutsche BankFormer Deutsche Bank VP and Comptroller of the Currency Takes Advantage of FDIC Rules to Make Billions
A former top US financial regulator has struck a multibillion-dollar deal with Blackstone to sell a company that helps savers obtain extra...
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1.4KCFPBThe CFPB is in Chaos Right Now and We’re Confused Too
Seila Law has filed a petition for a writ of certiorari with the U.S. Supreme Court seeking review of the Ninth Circuit’s ruling that the CFPB’s...
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1.4KFDCPASomeone Savvy (That Could Be The Issue) Needs to Hire a Supreme Court Clerk and/or Wordsmith from Black’s Law Dictionary to Oversee Legislative Wording as Congress is Failing Miserably
The Third Circuit’s en banc opinion created a split in the federal circuit courts of appeal, with the Third Circuit holding that...
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2.0KFifth CircuitAre You Qualified? Shields and Swords are Being Raised in the Roman-American Colosseum
This atextual, ahistorical doctrine - which shields public officials from liability, even when they break the law - was essentially invented out...
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2.0KFifth CircuitCitibank Found Guilty of Being a Greedy Junk-Yard Repo Man
Under federal banking regulations, there is a two-year limit on banks maintaining possession of a foreclosed property. The rules stipulate that banks...
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1.6KFifth CircuitTexas Supreme Court forms ‘Judicial Council on Mental Health Legislative Research Committee’
Mathews earned a bachelor's degree from the University of Northern Colorado, going on to receive her J.D. from the University of Houston....
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1.7KDebt CollectorThe Consumer Financial Protection Bureau is a Watchdog But Under Kraninger is Nothing More Than an Expensive Consumer Educational School
It’s great to read that the Burkes’ suggestions in their intervenor application are being put forward by a Representative. The CFPB is...
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1.7K1Appellate CircuitCFPB Constitutionality is an Ongoing Debate And Judge Kenneth Marra in Florida S.D. Court Has Egg On His Chin for Many Reasons (But We’ll Leave the Epstein Case He Presided Over Out of the Equation)
Ocwen contends that under the Supreme Court’s holding in 2018’s Lucia v. Securities and Exchange Commission, a party that raises a constitutional...
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