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Forcing homeowners into expensive insurance

Forcing homeowners into expensive insurance

Anyone who has taken out a home mortgage knows that one of the borrower’s key responsibilities is to pay hazard insurance premiums on the property and not let the policy lapse. But are you...

Forcing homeowners into expensive insurance
SEC slaps Ocwen Financial with subpoena

SEC slaps Ocwen Financial with subpoena

Subprime loan servicer Ocwen Financial is facing its second run-in with a regulator this month. The Securities and Exchange Commission has subpoenaed Ocwen in order to obtain information about the company’s business relationship with...

SEC slaps Ocwen Financial with subpoena
Regulator questions Ocwen Group’s insurance deal

Regulator questions Ocwen Group’s insurance deal

New York state’s top banking regulator is questioning whether subprime loan servicer Ocwen Group is enriching itself through an insurance...

Regulator questions Ocwen Group’s insurance deal
Mortgage investors plan stance against Ocwen

Mortgage investors plan stance against Ocwen

Mortgage investors are planning to relay their distaste for embattled servicer Ocwen Financial in a letter to trustees and...

Mortgage investors plan stance against Ocwen
Benjamin Lawsky

Bank regulator investigates Nationstar’s growth

The chief bank regulator in New York is taking a closer look at the business practices of mortgage provider...

Bank regulator investigates Nationstar’s growth
From left: Ocwen's

Fund giants BlackRock, Pimco mull suit against Ocwen

In an abrupt change, BlackRock and Pimco are contemplating filing suit against Ocwen Financial for improperly handling residential mortgages.

Fund giants BlackRock, Pimco mull suit against Ocwen

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