Is OCWEN The Titanic Of Mortgage Servicing?

Titanic sinking

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

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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...]

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

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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...]

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...]

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...]

Hey Andrew Cuomo, You Don’t Know What You Have Until It’s Gone!

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NY Consumers Lose Their Financial BFF With NYDFS Benjamin Lawsky's Departure ICYMI-Last week, John Wilen at Forbes wrote a great piece about New York State Department of Financial Services … [Read more...]

This FHA Foreclosure Defense Strategy Stops Lenders In Their Tracks

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Now An Ohio Legal Aid Firm Is Now Taking It To Another Level   Most attorneys have been arguing what I call the "Paragraph 22" argument for awhile and it refers to Paragraph 22 that appears in … [Read more...]

Under Pressure From The NYDFS, Ocwen Ends Forced Place Insurance Policy

Kevin Dugan, NY Post Billionaire Bill Erbey is starting to bend. Bowing to months of regulatory pressure, Altisource Portfolio Solutions — part of a web of Erbey-controlled companies with ties to … [Read more...]

NYDFS Director Lawsky Tells Governor Cuomo, “Take This Job An Shove it!”

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Homeowners' Voice In Albany To Resign In January The New York Daily News published a story on Monday stating that several key people in New York Governor Anderw Cuomo's administration will be … [Read more...]

Foreclosures To Increase With QE Ending And GOP Majority In The US Senate

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In case you missed it last week, the Federal Reserve's Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing and this could adversely affect the … [Read more...]