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Manhattan borough president Gale Brewer (Credit: Getty Images)

Why Manhattan borough president Gale Brewer didn’t pay her mortgage for 5 years

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

Why Manhattan borough president Gale Brewer didn’t pay her mortgage for 5 years
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
Ocwen agrees to stop slapping borrowers with gag orders

Ocwen agrees to stop slapping borrowers with gag orders

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

Ocwen agrees to stop slapping borrowers with gag orders
Regulator zeroes in on mortgage servicer’s ties to auction site

Regulator zeroes in on mortgage servicer’s ties to auction site

The New York Department of Financial Services is ramping up an investigation of mortgage firm Ocwen Financial, targeting the...

Regulator zeroes in on mortgage servicer’s ties to auction site
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
Ocwen's Ronald Faris

State regulators halt $39B mortgage servicing rights transfer

The New York State Department of Financial Services has stopped the transfer of mortgage servicing rights from Wells Fargo...

State regulators halt $39B mortgage servicing rights transfer
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