WASHINGTON — The monitor overseeing a national mortgage settlement says an internal review of its compliance conducted by Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, may not have provided accurate accounting. Joseph Smith, who is ...Read More »
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WASHINGTON — A company with ties to the nation’s largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure. The announcement came three months after The Associated ...Read More »
NEW YORK — Shares of home loan servicing company Ocwen extended their slump Wednesday after Moody’s Investors Service downgraded its credit. The firm lowered its rating on Ocwen’s credit to ‘B2′ from ‘B1′ and said the rating could be cut ...Read More »
North Carolina homeowners who lost their homes to wrongful foreclosure and had their loans serviced by Ocwen Financial Corp. are being urged by the N.C. Attorney General’s office to file paperwork to claim their settlement payment. Consumers eligible to get ...Read More »
North Carolina consumers who lost their homes to foreclosure may soon begin receiving claim packets in the mail entitling them to restitution payments, Attorney General Roy Cooper announced this week. It’s part of a $125 million national settlement reached with ...Read More »
RALEIGH – Some North Carolina homeowners will receive a share of a $2. 1 billion national settlement brought against subprime mortgage loan servicer Ocwen Financial Corp., Attorney General Roy Cooper announced recently. An estimated $26 million in funds will help ...
Tagged with: 2012 National Mortgage Settlement civil law enforcement investigation Consumer Financial Protection Bureau Homeward Residential Inc. Litton Home Servicing LP mortgage servicing and foreclosures N.C. Attorney General Roy Cooper Ocwen Financial Corp. settlementRead More »