New Residential has a different focus compared to most mREITs, as it invests a large amount of its money into MSRs and...
BlackRock said: The suit is really a misconceived attempt at reputation recovery by William Erbey [who is] the disgraced founder and former...
The Bureau finds that OCWEN Loan Servicing [OLS] had no authority to execute documents as an Attorney in Fact for legal entities...
The first amended complaint also asserts that Ocwen exercised sweeping, unchecked control of the management and disposition of securitized mortgages, and was...
Ocwen paid Erbey a $500,000 salary and a $1.4 million incentive last year, but his real wealth lies in his large stakes...
Ocwen and Altisource try Rebranding to Deflect from a Decade of Financial and Regulatory Abuse in the lucrative Eviction of US Citizens...
LIT perused the list of Supreme Court 'denied' Petitions and of course, when it's foreclosure related and has the name Deutsche Bank,...
After careful review, we find that none of Ocwen’s statements rises to the level of an actionable misrepresentation of material fact. Some...
On September 10, 2019, California federal judge, U.S. District Judge Yvonne Gonzalez Rogers, entered a $267 million judgment against a debt collection...
The CFPB filed a proposed court order requiring Ocwen Financial Corporation to provide $2 billion in principal reduction to underwater borrowers. CFPB,...
Every investor in Ocwen should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies. Imagine...
Ultimately, our vision for Ocwen is to be a leading mortgage servicer with a core competency in loss mitigation that creates positive...
Ocwen is still lying in courts across the nation Maine’s Supreme Court has made clear that lenders must establish that they have...
Leon Cooperman founded Omega in 1991 after 25 years at Goldman Sachs. As of Oct. 31, 2018, the firm had $3.3 billion...
Leon Lee Cooperman of Omega Advisors: You know, it is very frustrating in terms of the amount of money you've spent on...
Wilbur Ross is sort of seen as kind of irrelevant. The morale is very low there because there’s not a lot of...
The courts have widely recognized that the correct procedure for a nonparty to challenge a protective order is through intervention for that...
The settlement against Ocwen is a win for the Attorneys and Ocwen. No Texas Court is providing relief to homeowners.