State lifts restrictions in exchange for fine and debt forgiveness; company admits no wrongdoing.
Read More »MHA Report Shows Ocwen Leader in HAMP Programs
Ocwen Financial Corporation recently announced that according to the recently released U.S. Department of the Treasury MHA Report, they are the leader in helping struggling homeowners stay in their homes through HAMP.
Read More »Ocwen Reaches Offshore Mortgage Servicing Settlement
Ocwen Loan Servicing, LLC reaches settlement to end using offshore unlicensed companies performing mortgage servicing.
Read More »The Week Ahead: What Does Q2 Hold For Walter Investment?
With Walter Investment Management Corp.taking a loss during Q1 and both Ocwen Financial Corp. and Nationstar Mortgage Holdings reporting net losses for Q2, all eyes will fall on Walter to see what their Q2 earnings report holds.
Read More »Ocwen Remains Positive Despite Another Quarterly Loss
Legal expenses as a result of the Fisher cases make an impact on Ocwen's second quarter earnings.
Read More »Ocwen Reaches Settlement In HAMP, FHA Suits
Those suits sought damages intended to triple the total HAMP and FHA payments made on Ocwen-serviced loans, or roughly $5,500 to $11,000 per alleged false claim, according to Ocwen's SEC filing.
Read More »Ocwen Receives Mixed Review from Monitor
An independent monitor for the National Mortgage Settlement reported that Ocwen has fulfilled its consumer relief obligation under the NMS. But the news wasn't all good.
Read More »Ocwen Stung by First Quarter Loss
The first quarter of 2016 has not been kind to the profits of banks. If Ocwen's Q1 earnings report is any indication, it was not such a great quarter for non-bank servicers, either.
Read More »Is There any Silver Lining to be Found in Ocwen’s 2015 Earnings Report?
With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.
Read More »Ocwen and the City of Milwaukee Combine to Fight Effects of Foreclosure
Ocwen Financial Corporation and the City of Milwaukee have announced an initiative to provide substantial assistance to homeowners in Milwaukee who want to keep and repair their homes, according to an announcement from Ocwen.
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