ocwen

Manhattan borough president Gale Brewer and her husband were at risk of losing their home on the Upper West Side until earlier this year....

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...

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...

New York state’s top banking regulator is questioning whether subprime loan servicer Ocwen Group is enriching itself through an insurance program, potentially at the expense of...

Ocwen Financial will no longer seek gag orders when settling legal disputes with borrowers.

The New York Department of Financial Services is ramping up an investigation of mortgage firm Ocwen Financial, targeting the company’s relationship with foreclosure auction...

Mortgage investors are planning to relay their distaste for embattled servicer Ocwen Financial in a letter to trustees and master servicers. Investors sent out...

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

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

The New York State Department of Financial Services has stopped the transfer of mortgage servicing rights from Wells Fargo to Ocwen Financial, reportedly over...

Ocwen Financial Corporation – a company that specializes in servicing large portfolios of underwater, delinquent and subprime mortgages – has amassed a $500 billion...

Ocwen Financial and Fortress Investment Group have emerged as the leading bidders in an auction for bankrupt Residential Capital’s $200 billion mortgage servicing portfolio...

The proliferation of mortgage delinquencies and new rules for handling mortgages proposed by the Consumer Financial Protection Bureau are combining to fuel a growing...

If you give millions of seriously underwater homeowners a new equity position in their properties by reducing their principal mortgage debt, will they keep...