OCWEN’s Own Attorneys & Homeowners Agree: OCWEN Needs To “STOP THE INSANITY!” Homeowners have been emailing us their Ocwen horror stories. The National Mortgage Settlement was supposed to improve customer service. Instead, just the opposite happened. Mortgage servicers realized it was easier and more profitable to sell the servicing rights of the loans. They skirted […]
HSBC Sells U.S. Consumer, Homeowner Debt for $3.2 Billion Gavin Finch & Howard Mustoe of Bloomberg wrote a great piece about HSBC divesting in the U.S. banking market. They plan on selling the mortgage servicing portfolio and branches in major markets. HSBC Holdings Plc (HSBA), Europe’s biggest bank by assets, agreed to sell a portfolio of U.S. consumer […]
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