California Settles With OCWEN For A Meager $2.5 Million

slap-wrist

Ocwen May Have Dodged A Bullet From California But More Trouble Is In Sight   On Friday, California's Department of Business Oversight said Friday that it will drop its effort to suspend … [Read more...]

Now Its Mortgage Insurers Going After Homeowners

Homeowners Are Getting Big Bills For-Houses Already Taken In Foreclosure Jenifer McKim and Jess Aloe, Boston Globe When Guillermo Galindo lost his two-family Revere home to foreclosure in 2009, the … [Read more...]

4 Bankers Get Slapped By A Woman In Massachusetts

woman slapping man

Four Banks Reach $2.7 Million Settlement With Massachusetts AG Martha Coakley Over Foreclosure Violations   As her parting gift to the people of Massachusetts, outgoing Attorney General Martha … [Read more...]

Is OCWEN The Titanic Of Mortgage Servicing?

Ocwen Financial is sinking faster than the Titanic

The Stock Of Once Mighty OCWEN Is Now 13% of It's All Time High   In case you missed it, free lance writer, David Dayen, whose work has appeared in New Republic and Salon, wrote a great piece … [Read more...]

California Looking To Boot OCWEN Out Of State

monopoly guy getting booted

Fight With California Could Be More Damaging Than NYDFS Fight     As OCWEN executives and shareholders begin to breathe a sigh of relief now that OCWEN has settled with the state of New … [Read more...]

Predatory Payday Lender Dodging GOP Bill Collectors

Mr. Monopoly broke

Predatory Payday Lender OCN Owes GOP Lobbyist Over $500K For Lobbying Congress   Payday lender, Online Consumer Network or OCN who is known for their aggressive collection efforts against their … [Read more...]

Florida County To Investigate Mortgage Document Fraud

Greedy Business Partners

1st Step In Crackdown Against Foreclosure Mills Committing Fraud   Osceola County Clerk of the Courts in suburban Orlando has begun reviewing mortgage and foreclosure filings looking for … [Read more...]

Racist Attorney John M. Schwarz Claims Mass Extortion Plot Behind Bar Complaints

tin-foil-hat

It Appears John M. Schwarz & His Attorney Richard Maltz Are Wearing Matching Tin Foil Hats   The insane antics of New York attorney John M. Schwarz have been a gift that keeps giving … [Read more...]

Foreclosure Defense Firm Claims CFPB Rule Violations

Samantha Joseph, Daily Business Review A Miami foreclosure defense law firm is gearing up to take on lenders that it claims are violating federal mortgage servicing rules issued in January. Jacobs … [Read more...]

NYDFS & OCWEN Reach Deal: $150 Million Fine W/ CEO Erbey Shown The Door

Former OCWEN CEO William Erbey

NYDFS's Lawsky Exits His Post In A Blaze Of Glory     James Sterngold and Alan Zibel at the Wall Street Journal report that the New York Department of Financial Services and Ocwen … [Read more...]