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 […]

Ocwen CEO Glen Messina

Is Ocwen CEO Glen Messina Missing In Action?

Ocwen CEO Glen Messina Is Missing In Action. Sources Say No One Has Seen Him At Ocwen HQ In Nearly A Month  The cool thing about owning a company like MFI-Miami means people like to give us the dirt on their bosses. MFI-Miami has learned disturbing news from our sources from Ocwen. Our sources at […]

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 […]

zombie homes

NYC Files Zombie Homes Lawsuit Against Banks

New York City Mayor de Blasio Has Discovered A Cure For The Zombie Homes Plague In NYC! It’s lawsuits! New York State has been plagued by zombie homes in the decade since the financial crisis. Zombie homes are abandoned foreclosed homes that are owned by banks and lenders. In 2016 New York State passed a […]

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