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Additional states restrict Ocwen's business over mortgage servicing issues - HousingWire

HousingWire

Additional states restrict Ocwen's business over mortgage servicing issues
HousingWire
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 fedsDayton Daily News
Feds go after mortgage servicerPortsmouth Daily Times
CFPB sues Ocwen FinancialBuilder Magazine
Reverse Mortgage Daily -Courthouse News Service
all 20 news articles »

Regulators Accuse Subprime Mortgage Servicer of Years of Abuses - New York Times

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 ItselfThe Nation.
Lawsuits allege mortgage servicer Ocwen's mistakes cost some borrowers their homesUSA TODAY
Ocwen accused by US, state agencies of mortgage servicing violationsSun Sentinel
Los Angeles Times -Omaha World-Herald -HousingWire -Consumer Finance Protection Bureau - Consumer Financial Protection Bureau
all 137 news articles »

CFPB, Florida Attorney General sue mortgage servicer Ocwen for ... - Financial Regulation News

Financial Regulation News

Local mortgage servicing company continues expanding - Hutchinson News

Hutchinson News

Local mortgage servicing company continues expanding
Hutchinson News
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 - Reuters

US CFPB sues Ocwen Financial over errors in mortgage servicing
Reuters
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 - The MReport

The MReport

Mortgage Servicing Boost SunTrust's Income - theMReport.com
The MReport
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 ...

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Here's a detailed breakdown of Ocwen's new restrictions by state - HousingWire

AppsforPCdaily

Here's a detailed breakdown of Ocwen's new restrictions by state
HousingWire
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 loansHerald and News
Mortgage servicer Ocwen sued by CPFB, accused of illegal foreclosuresAppsforPCdaily
Consumer Financial Protection Bureau Sues Ocwen Financial CorporationKansas City infoZine
Law360 (subscription) -Benchmark Monitor -satPRnews (press release)
all 125 news articles »

Vendor Updates; Servicing: Who's Brokering, Buying, Selling, and Why? - Mortgage News Daily

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 STARâ„¢ Performer for ... - Yahoo Finance

Fannie Mae recognizes Associated Bank as STARâ„¢ Performer for ...
Yahoo Finance
GREEN BAY, Wis., April 18, 2017 /PRNewswire/ -- Associated Bank is recognized for the fifth year for its mortgage servicing performance as part of an ...

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Flagstar Sees Q1 Revenue Bump - The MReport

The MReport

Flagstar Sees Q1 Revenue Bump
The MReport
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 ShareYahoo Finance
Flagstar Bancorp Inc (FBC) Rating Reiterated by FBR & CoTranscript Daily
Flagstar Bancorp Inc (FBC) is Upgraded by Wedbush to ...Highland Mirror

all 56 news articles »