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...]

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...]

Imbecile Michigan Judge Finally Calls It Quits

It’s pretty hard to be deemed incompetent and crooked but 86th District Court Judge Michael Haley pulls it off.

Growing Tired Of People Questioning His Competence And Ethics Due An MFI-Miami Article, Michael Haley Finally Throws In The Towel   Northern Michigan's favorite wannabe Lionel Hutz turned … [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...]

NY Foreclosures Filings Rise Higher Than The Fat Kid And the Old Man From UP!

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And More Homeowners Are Using Lawyers To Fight For Their Home   The New York State Office of Court Administration (OCA) released the 2014 Foreclosure Report showing that foreclosure filings … [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...]

Pandemonimium Breaks Out As Treasury Releases New TILA Guidebook

People eagerly waiting outside the Government Printing Office to be the first to get Treasury's new TILA Guidebook

After Camping Out In Front Of The U.S. Printing Office For Weeks, Hordes Of Finance Geeks Get First Look At The U.S. Treasury's New 224 Page Truth-In-Lending Guidebook   The U.S. Treasury's … [Read more...]

Convicted Mortgage Fraud Kingpin Attempts Shawshank Style Prison Break

Convicted mortgage fraud kingpin with one of his paid stripper friends

Except Ronnie Duke Quickly Learns He's No Andy Dufresne   Ronnie Duke, the habitual criminal who rose to become the  the stripper-employing kingpin of a multi-million dollar mortgage … [Read more...]