All posts tagged "mortgage servicers"
-
3.3KAppellate JudgesMorgan Stanley Marshes on in the Swamp Called the Fifth Circuit
MERS, as nominee for Realty Mortgage Corporation, assigned the Deed of Trust to US Bank, as trustee for Morgan Stanley Mortgage Loan...
-
3.3KBankersHere’s What Happens When You Let the People Decide if Bankers Are Trustworthy Souls In Texas
When the Wolf's Barked for Help in Texas State Court, the Cry is Heard by the People of Texas. What they did...
-
2.8KAccelerationA Monet[te], A Missing Marla and an Appeal for Common Sense. Why Marla Just Cost Ocwen Over Half a Million Dollars
In this 7th Circuit Appeal, a homeowner effectively wins a free and clear home. That is a great result for this homeowner...
-
3.6KAppellate CircuitCourt of Appeals for the Eleventh Circuit Sends Rushmore’s Residential Mortgage Servicing Abuse Class Action back to the District Court
This violated the FDCPA’s prohibition against using false, deceptive, or misleading representation[s] including by making false representations about the character, amount, or...
-
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...
-
2.7K1ForeclosuresRecent Court Rulings OCWEN v. Telephone Consumer Protection Act (TCPA)
On September 10, 2019, California federal judge, U.S. District Judge Yvonne Gonzalez Rogers, entered a $267 million judgment against a debt collection...
-
1.4KMortgage ServicersOcwen Found Guilty of Foreclosing on Loans that Didn’t Exist But Gets to Keep on Trading Despite Ruining Homeowners’ Lives
Ocwen is still lying in courts across the nation Maine’s Supreme Court has made clear that lenders must establish that they have...
-
2.3KDonald TrumpAnother Day, Another Class Action Against Ocwen Loan Servicing, LLC and Another $15 Mill.ion Dollars – 50 percent of Total $30M Settlement Goes to the Lawyers
The settlement against Ocwen is a win for the Attorneys and Ocwen. No Texas Court is providing relief to homeowners.
-
2.1KDebt CollectorThe Fifth Circuit’s Foreclosure Panel Continue New Theme in 2019 of Extremely Short Affirmations in Favor of the Bank, Servicer or Debt Collecting Foreclosure Mill, But at Least Without the Searing Remarks
Wells Fargo Bank, a Mortgage Servicer, a Lender or a Trustee. Well, it's all superfluous, we'll just affirm despite the National Mortgage...
-
1.6KDonald TrumpAnother Day, Another Fine and Inconsequential Settlement Agreement for Ocwen, the Non-Bank Which Enjoys Immunity from Citizens Complaints. How? Just Look at Donald Trumps’ Cabinet
The settlement brings an end to a lawsuit filed by the state against the nonbank back in May 2017. The lawsuit came...
-
1.6KDonald TrumpOcwen Shuttering Addison Texas Offices after Bleeding Former Governor Rick Perry’s Cash Incentives to Come to the State of Texas and Focusing on Offshoring for Future Staff Requirements
With 4,600 of Ocwen’s employees offshore, that means the company only employed 2,600 people in the U.S. A company that takes homes...
-
1.6KDebt CollectorSummary Judgment Granting Foreclosure in White v Ameriquest S.D. Houston Federal Court (May 2019)
Summary judgment is granted for the defendants Ameriquest. (Docket Entry No. 16). The Whites' requests for injunctive and declaratory relief are denied....
-
1.5KFifth CircuitA Federal Question to a New Foreclosure Panel at the Fifth Circuit in 2019
SUSAN SISSOM FILED A COMPLAINT IN STATE COURT AGAINST DEFENDANTS, SEEKING TO PREVENT THE FORECLOSURE OF HER HOME. AFTER REMOVING THE ACTION...
-
1.8KFederal LawWhat’s the Value of Your Home Loss Worth When You Were Wrongfully Evicted?
Seventeen months after PHH Mortgage Corp. agreed to a $45 million multistate settlement related to charges of improperly servicing homeowners, New York...
-
2.8K1ForeclosuresApparently Deutsche Bank is Supposed to Provide $4.1 Billion Dollars Relief to Aid Consumers Harmed by Fraudulent Mortgage Loans
Deutsche Bank will also provide $4.1 billion in the form of relief to aid consumers harmed by its unlawful conduct. Specifically, Deutsche...
-
4.2KLaws In TexasIf you’re looking for a List of Licensed Mortgage Servicers, Illinois is Great, Texas – Not so Much
The Department of Savings and Mortgage Lending is an agency of the State of Texas and is subject to the oversight and...
-
1.5KFDCPAPer Curiam Opinions at the Fifth Circuit in Foreclosure Cases is on the rise in 2019
For the reasons stated above, the district court’s grant of summary judgment is AFFIRMED.
-
2.2KForeclosuresOcwen CEO Ron Faris steps down, with former PHH CEO Glen Messina appointment confirmed
In a damage-limitations move, the government approved 'subprime sub-servicer' Ocwen has ditched Faris as CEO to limit the damages in any further...
