The final phase of the company’s loan transfer process involved migrating from REALServicing to the Black Knight LoanSphere MSP platform.
Ocwen is unprofitable and has an ugly balance sheet is now operating in an unfavorable industry environment. Ocwen PHH is debt laden.
Ocwen PHH purchase the mortgage servicing rights of one of the largest warehouse lenders in the nation, Texas Capital Bank.
LIT didn't know you would need to winterize a property in the month of May and put a sign up sayin' "Don't...
Halliburton is a 73-year-old woman who is being subjected to Ocwen's known mortgage servicing abuses and attempts to fraudulently foreclose.
The Burkes filed their Petition for Rehearing en banc to allow all the active judges who are not recused and able to...
Judge Priscilla Owen is involved in most of the 3-panel opinions in 2021 related to foreclosure appeals, representing Wall St. and taking...
The court sanctioned Ocwen $1,000 per phone call and debtors claimed they had over 100 calls from Ocwen, so that amounted to...
LIT has focused on the Magistrate Judge's motion to dismiss findings and order. As with the Brahman Partners case, this law suit...
Ocwen did not have appropriate rules and procedures in place to prevent potential conflicts of interest, or, if Ocwen did have those...
On February 20, 2020, PHH / Ocwen / Altisource were canned by NRZ and Bill Erbey is Upset to Put it Mildly,...
Extract from Form 10-K (2020) Ocwen accounts for 54% of Altisource Revenues....Altisource believes that any action taken by Ocwen to redirect these...
We earn the majority of our revenue in connection with providing services to two customers. The majority of our revenue is earned...
Bill Erbey's Front Yard Residential and the Pretium Partnership negotiated the sale following the collapse of the Amherst sale due to the...
A coalition of 33 state attorneys general filed a motion against PHH Mortgage and its predecessor Ocwen Loan Servicing for allegedly charging...
Lee Cooperman is the second-largest shareholder with 8.98% of shares outstanding. Other top shareholders include Deer Park Road Corp. Fortress Investment Group...
The 5th Circuit is indeed trying to ignore the controlling precedent in Texas regarding the deed of trust as nothing more than...
Ocwen's staged failed settlement related to the lawsuit filed by the CFPB in 2017 against the $3 billion dollar admonished mortgage servicer.