The consumer bureau, as well as fellow financial regulators like the Securities and Exchange Commission and the Office of the Comptroller of...
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...
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.
The settlement brings an end to a lawsuit filed by the state against the nonbank back in May 2017. The lawsuit came...
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...
As Ocwen continues to be allowed to trade , Ocwen will operate as PHH Mortgage for non-bank mortgage servicing and Liberty Home...
Altisource Portfolio’s Chief Risk Officer was removed . During its review, it discovered that Ocwen’s Chief Risk Officer also served as the...
The Winners of the Altisource Settlement in Fl. The Attorney Specifically, Lead Counsel are applying for a fee award of 22% of...
It's been 9 years since this article was written and it hasn't changed the situation for homeowners one bit. Ocwen has GROWN...
Section 1024.41 of the Code of Federal Regulations describes the procedures that mortgage servicers must follow when processing loss mitigation applications. Does...
No Retainer Agreements or Engagement Letters? No Fiduciary Relationship Between Bank Lawyers And Alleged Creditor? The Secret Veil that's been Pierced Confirms...
Tim Redding, we have a bunch of servicers that are organizations attempting to foreclose on behalf of trusts and I don't think...
The notice of default, however, was not issued by Ocwen. Rather, the notice was issued and at least initially maintained by the...
Everyone has targets, and so does the Fifth regarding case filings. Getting them in and out as quickly as possible is a...
A disgruntled residential property investor gets no sympathy at the Fifth Circuit, keeping Deutsche Bank and Ocwen as the winners in this...
Castrellon brought this lawsuit, saying that agreement was made with Deutsche Bank but they later reneged. That's fine says the Fifth Circuit,...