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 […]
California Settles With OCWEN For A Meager $2.5 Million Read Post »
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
Is OCWEN The Titanic Of Mortgage Servicing? Read Post »
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
OCWEN May Be Booted From California Read Post »
Intimidation, Liquidation Of Accounts, Mob Style Collection Tactics Are The Everyday Practices Of Sterling National Bank People want to think small town banks like Sterling National Bank are run by a sympathetic George Bailey types. Small community banks operate like the mafia. They have no problem using intimidation and thuggery to get what they want.
Should Sterling National Bank Be Re-Named “Soprano” National Bank? Read Post »
OCWEN And Deutsche Bank Settle Legal Claims With 911 Responder With Health Issues Another success for MFI-Miami as we stopped OCWEN and Deutsche Bank from taking the home of a 911 responder with Ocwen and Deutsche Bank settled all legal claims with MFI-Miami Client, James Campisi. About two weeks ago, I wrote about how James
The Home Of 911 Responder Saved Read Post »
