Liberty Reverse Mortgage

Liberty Reverse Mortgage Has Record Losses in Q2 Says Ocwen

Ocwen Financial Owned Liberty Reverse Mortgage Has Record Losses In 2nd Quarter.  Executives at Liberty Reverse Mortgage owner Ocwen Financial are worried. Why? Ocwen says the reverse mortgage unit recorded a pre-tax loss of $26 million in Q2 2022. This is in comparison to a profit of $6 million one year prior.  Liberty Reverse Mortgage […]

disabled combat veteran

PHH Mortgage Evicting Disabled Combat Veteran On Christmas Eve

After Jerking Around A Disabled Combat Veteran For Nearly A Decade, PHH Mortgage Plans To Evict Him On Christmas Eve  Being sick from toxic fumes he didn’t know he was inhaling was the last thing disabled combat veteran Kevin Elkins was thinking about while sitting in the Saudi Arabian desert almost 30 years ago. Elkins […]

Ocwen Financial

Ocwen Financial Puts Lipstick On A Pig And Calls It PHH Mortgage

Ocwen Financial Drops The Name Ocwen. It Will Now Operate As PHH Mortgage And Liberty Home Equity Solutions Ocwen Financial announced earlier this week it was following in the footsteps of Nationstar and changing their name. The company says that it has developed a plan to service loans through two primary brands. The mortgage servicer […]

Ocwen Financial

Ocwen Financial Stock Plummets After Reporting $14 Million Loss

Ocwen Financial Stock Plummets Faster Than Contestants On A Japanese Game Show. Is New Boss From PHH To Blame? Ocwen Financial saw its stock plummet last week by more than 17%. The company reported a net loss of $41 million or $0.31 per share for the third quarter of 2018. Ocwen Financial shareholders wonder if […]

Florida Supreme Court

Ocwen Sues Major Foreclosure Mill For Fraud

Ocwen Sues Foreclosure Mill Connolly, Geaney, Ablitt & Willard, P.C. For Malpractice, Breach of Contract, Unfair & Deceptive Practices, Fraud By Suppression & Fraud By Misrepresentation Struggling mortgage servicer, Ocwen Financial is suing multi-state foreclosure mill, Connolly, Geaney, Albitt & Willard, P.C. (CGAW) in a multi-million dollar malpractice and fraud case. In the suit, Ocwen […]

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