Additional states restrict Ocwen's business over mortgage servicing issues
The states, led by North Carolina, took action against Ocwen varying from suspending the company's ability to acquire new mortgage servicing rights to halting Ocwen's ability to foreclose, with one state going so far as to suspend the company's ...
675 Ohioans complained about mortgage servicer sued by feds
Feds go after mortgage servicer
CFPB sues Ocwen Financial
New York Times
Regulators Accuse Subprime Mortgage Servicer of Years of Abuses
New York Times
Federal and state regulators unleashed a fusillade of lawsuits and enforcement orders on Thursday against the Ocwen Financial Corporation, a large mortgage servicer, aimed at curbing what they said had been years of flagrant and repeated abuses, ...
The CFPB Just Sued a Crooked Mortgage Servicer, but Indicted Itself
Lawsuits allege mortgage servicer Ocwen's mistakes cost some borrowers their homes
Ocwen accused by US, state agencies of mortgage servicing violations
Financial Regulation News
CFPB, Florida Attorney General sue mortgage servicer Ocwen for ...
Financial Regulation News
The Consumer Financial Protection Bureau (CFPB) sued mortgage loan servicing company Ocwen Financial Corporation for significant and systematic ...
Consumer Financial Protection Bureau Supervision Finds Some Student Loan and Mortgage Servicers Illegally Fail to ...
CFPB Sues Ocwen For Failing Mortgage Borrowers - Banker ...
Ocwen responds to 'illegal foreclosure' lawsuit by attacking regulator
Local mortgage servicing company continues expanding
From a few employees at Hutchinson Credit Union who spent part of their day focusing on better servicing of local home mortgages, Member Mortgage Services has grown in just 13 years into a separate company with 37 employees. Originally formed through ...
US CFPB sues Ocwen Financial over errors in mortgage servicing
WASHINGTON, April 20 The U.S. Consumer Financial Protection Bureau on Thursday sued Ocwen Financial Corp, alleging the mortgage loan servicer's "years of widespread errors, shortcuts, and runarounds cost some borrowers money and others their ...
Mortgage Servicing Boost SunTrust's Income - theMReport.com
On Friday, SunTrust Banks, Inc. reported its Q1 2017 results. The bank posted a net income of $451 million, or $0.91 per average common diluted share. This is ...
Here's a detailed breakdown of Ocwen's new restrictions by state
The servicing issues at Ocwen Financial are allegedly so widespread that some states are placing stricter restrictions on the nonbank, beyond freezing the company's ability to acquire new mortgage servicing rights. On Thursday, a group of state ...
Federal consumer agency accuses major mortgage servicer of mishandling loans
Mortgage servicer Ocwen sued by CPFB, accused of illegal foreclosures
Consumer Financial Protection Bureau Sues Ocwen Financial Corporation
Vendor Updates; Servicing: Who's Brokering, Buying, Selling, and Why?
Mortgage News Daily
Obviously, the theoretical value of servicing 30-year loans in the 3% range improves with higher rates - those loans should stay on the books for a long time. Servicing brokers will tell you that banks have sold mortgage servicing rights (MSRs) due to ...
Fannie Mae recognizes Associated Bank as STAR™ Performer for ...
GREEN BAY, Wis., April 18, 2017 /PRNewswire/ -- Associated Bank is recognized for the fifth year for its mortgage servicing performance as part of an ...
Flagstar Sees Q1 Revenue Bump
In the second quarter, we have entered into pending bulk sales of an additional $195 million of mortgage servicing rights under contract at a break-even price, including transaction costs. We have retained servicing on approximately two-thirds of the ...
Flagstar Reports First Quarter 2017 Net Income of $27 million, or $0.46 per Diluted Share
Flagstar Bancorp Inc (FBC) Rating Reiterated by FBR & Co
Flagstar Bancorp Inc (FBC) is Upgraded by Wedbush to ...