Ocwen terminates lending business head

CALL FOR HOMEOWNER VICTIMS OF OCWEN LOAN FORECLOSURE FRAUD. We are seeking stories from homeowners who have been the victims of Ocwen loan servicing and foreclosure fraud. Your stories will help us prosecute anticipated class action and RICO (Racketeer Influenced and Corrupt organizations act) charges against the company.

Plaza Home Mortgage to allow bank statements for its non-QM loan

While Ocwen’s problems have been on the regulatory radar screens for some time (New York’s muscular Department of Financial Services did some settlement arm-twisting in 2012 and 2014) it all came to a.

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LIC hikes interest rates on loans against policies – MUMBAI: Life Insurance Corporation has increased interest rates on loans against policies thereby shutting. charging interest at the rate of 10% on loans against policies. According to Rituraj.

Higher home prices risk closing door on housing momentum

Ex-LendingQB asks dissolve exec vendor court tech. – Revenue. Gross increases in owners equity resulting from business activities. Ex-LendingQB exec asks court to dissolve tech vendor MeridianLink Binh Dang, the co-founder and former president of LendingQB, is seeking a court to force MeridianLink, the loan origination system’s parent company, to dissolve..

Homebuilder sentiment declines to an eight-month low Source: Bloomberg by bloomberg news 10:00 AM EDT March 16, 2015 (Bloomberg) — Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to shop for properties ahead of the busier spring selling season.

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today sued one of the country’s largest nonbank mortgage loan servicers, Ocwen Financial Corporation, and its subsidiaries for failing borrowers at every stage of the mortgage servicing process.The Bureau alleges that Ocwen’s years of widespread errors, shortcuts, and runarounds cost some borrowers money and others their.

About Us WHO WE ARE. Ocwen financial corporation (nyse: OCN) is a financial services holding company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Home Equity Solutions.

Foreclosure Relief for Homeowners With Ocwen Mortgages By Amy Loftsgordon , Attorney Many borrowers who had mortgages serviced by Ocwen, which is the largest non-bank mortgage servicer in the country, received mortgage relief as a result of a national settlement that occurred in December of 2013.

Ocwen Financial Corp said on Friday its loan servicing unit agreed to pay $25 million and provide another $198 million in debt forgiveness under a settlement with a California regulator over.

Still reeling from a scandal involving fake banking accounts, Wells Fargo this week fired its head of. s earlier termination.” The reasons for the dismissal, he added, did not involve the business.

During previous periods he has also served as Chief Financial Officer and Executive Vice President for Finance and Business Development. He has been with Ocwen since January 2011. Prior to joining Ocwen, Mr. Britti was Chief Operating Officer for mortgage insurer rmic from 2005 to 2011. Mr.