OCWEN Fight With California Could Be More Damaging Than NYDFS Fight As OCWEN executives and shareholders begin to breathe a sigh of relief now that they have settled with the state of New York and showed CEO William Erbey the door, the lender could be facing more serious trouble on the horizon. The state of […]
NYDFS Forces OCWEN To Show CEO Erbey Shown The Door James Sterngold and Alan Zibel at the Wall Street Journal report that the New York Department of Financial Services and Ocwen Financial have reached a settlement in the NYDFS’s claims of servicing fraud against New York homeowners. As part of the deal, Ocwen also will […]
NYDFS Director Lawsky To Resign In January The New York Daily News published a story on Monday stating that several key people in New York Governor Andrew Cuomo’s administration will be leaving now that Cuomo’s second term was affirmed by voters last week. “Top aide Larry Schwartz is expected to leave early next year while […]
Tale Of How Deutsche Bank, OCWEN And An Obsessed Lawyer Are Using Forged Notary Stamps, Unenforceable Mortgage Assignments From Defunct Entities And Dual Tracking To Steal A Cancer Victim’s Home Troy and Lea Etts never expected the nightmare they would endure with Deutsche Bank in 2004. They thought they found their dream home in the […]
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 […]
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