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Justice Department fines Ocwen subsidiary for foreclosing on military members’ homes
UPDATED, Feb. 11, 10:54 a.m.: A subsidiary of Ocwen agreed to pay a $750,000 fine to the Justice Department...
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Ocwen stock tumbles after reporting huge loss in Q3
UPDATED Nov. 6, 4:35 p.m.: Ocwen Financial, one of the largest mortgage service providers in the country, saw its...
Deutsche, Ocwen accused of discrimination in maintaining bank-owned homes
Deutsche Bank, Ocwen Financial and real estate management firm Altisource are being accused of failing to maintain bank-owned homes...
Florida sues Ocwen alleging mishandled mortgages, illegal foreclosures
More than 20 states, including Florida, and the U.S. Consumer Financial Protection Bureau are suing Ocwen Financial Corp., alleging...
Ocwen to pay $100M penalty for homeowner violations
Ocwen Financial Corporation, once based in West Palm Beach, reached a settlement today with the New York Department of Financial...
Deal with US doesn’t dim Ocwen as portfolio hits $500B
From the New York site: Ocwen Financial Corporation – a company that specializes in servicing large portfolios of underwater,...
Ocwen, Fortress compete for ResCap’s $200 billion servicing portfolio
Ocwen Financial and Fortress Investment Group have emerged as the leading bidders in an auction for bankrupt Residential Capital’s...
Mortgage conditions boost specialty servicers: VIDEO
The proliferation of mortgage delinquencies and new rules for handling mortgages proposed by the Consumer Financial Protection Bureau are...
Financial services company helping underwater homeowners
If you give millions of seriously underwater homeowners a new equity position in their properties by reducing their principal...
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