On Thursday, Ocwen announced the completion of its acquisition of PHH and that Glen A. Messina became the President and CEO of Ocwen and a member of Ocwen’s Board of Directors. Here are the details
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State Spotlight: New York Settle With PHH Mortgage
Reports of irregularities in the foreclosure practices of servicers throughout the industry sparked the investigating of PHH Mortgage, according to a recent release from New York’s Department of Financial Services.
Read More »Is the CFPB Abusing Its Power?
One case has many in the mortgage industry questioning whether or not the Consumer Financial Protection Bureau's (CFPB) power and authority is being used unjustly.
Read More »PHH Mortgage Selects DocMagic to Further Enhance TRID Compliance
DocMagic, a provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, recently announced that PHH Mortgage has signed a multi-year lease to use its products to further enhance TILA-RESPA Integrated Disclosure (TRID) rule compliance capabilities.
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