ocwen

California Settles With OCWEN For A Meager $2.5 Million

Ocwen May Have Dodged A Bullet From California But More Trouble Is In Sight On Friday, California’s Department of Business Oversight said Friday that it will drop its effort to suspend Ocwen Loan Servicing’s mortgage license in California because Ocwen Financial has agreed to pay $2.5 million for failing to prove its compliance with state […]

Frank Rosemberg

The Real Reason Mortgage Servicers Won’t Modify Your Loan

Mortgage servicers are ripping off not only homeowners but the pension funds and hedge funds   Steve Dibert, MFI-Miami Exclusive I began working on this project last year at the peak of the modification frenzy and finished it about a month ago.  I originally planned on posting it last week on the eve of the […]

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