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 Ocwen Loan Servicing’s mortgage license in California because Ocwen Financial has agreed to pay $2.5 million for failing to prove its compliance with state […]
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 the New Republic and Salon, wrote a great piece about Ocwen’s current financial difficulties due to its legal issues in California and New York. As I’ve written […]
Mortgage Settlement Is Garbage Last year, when the 49-state AG mortgage agreement with the banks was signed, corporate media praised it, Obama almost broke out his happy feet and mortgage activists celebrated with tears of joy as if it was their favorite contestant won American Idol. But buried deep below all the hoopla from the […]
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