WEST PALM BEACH, Fla., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that ...
Federal and state regulators say Ocwen Financial — one of the nation's largest mortgage lenders that is not a bank — made numerous errors in the mortgages it serviced. Ocwen disputes the allegations ...
WEST PALM BEACH, Fla., June 18, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that ...
The servicing issues at Ocwen Financial are allegedly so widespread that some states are placing stricter restrictions on the nonbank, beyond freezing the company’s ability to acquire new mortgage ...
Benjamin Lawsky, New York’s first Superintendent of Financial Services, is wading further into the muck that is Ocwen Financial Corporation's OCN mortgage servicing practices. Monday he sent Ocwen a ...
Despite being two of the largest reverse mortgage players, Ocwen and Nationstar receive some of the lowest marks for their customer satisfaction when it comes to their forward servicing customers.
Oct. 25 (Bloomberg) -- Morgan Stanley, the sixth-largest U.S. bank by assets, will sell its Saxon unit to Ocwen Financial Corp., exiting the mortgage-servicing business it bought before the housing ...
Goldman Sachs Group Inc. agreed to sell Litton Loan Servicing LP to Ocwen Financial Corp. for $263.7 million in cash, ending the New York-based bank's 3-1/2 year experiment in processing home-loan ...
June 13 (Reuters) - Ocwen Financial Corp said it would buy mortgage servicing rights and related servicing advances from OneWest Bank for $2.53 billion. Under the deal, Ocwen will purchase about $78 ...
Ally Bank has announced that it has reached an agreement to sell a portfolio of agency mortgage servicing rights (MSR) to Ocwen Financial Corp. The transaction comprises MSRs related to mortgage loans ...
Oct. 24 (Bloomberg) -- Morgan Stanley, the sixth-largest U.S. bank by assets, agreed to sell its Saxon unit, a mortgage servicer the firm bought in 2006, to Ocwen Financial Corp. for a base price of ...
Borrowers have saved countless billions by refinancing over the last few years. But they aren't the only ones saving money: the Treasury Department reports that the average interest rate paid by the ...
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