Servicing

Milwaukee Mayor Tom Barrett was recently joined by representatives from Ocwen Financial to highlight the 2016 results of the partnership between the City and Ocwen. Mayor Barrett, Alderman Michael Murphy and Ocwen announced the partnership at the beginning of last year to provide substantial... Keep Reading....
The Office of Mortgage Settlement Oversight has stated JPMorgan Chase satisfied its consumer relief obligations, providing more than $4 billion well ahead of its deadline of Dec. 31, 2017
The Office of Mortgage Settlement Oversight has stated JPMorgan Chase satisfied its consumer relief obligations, providing more than $4 billion well ahead of its deadline of Dec. 31, 2017.  “Chase has satisfied its consumer relief obligation,” said Joseph A. Smith, Jr., the settlement monitor. “The... more
​Urban Lending Solutions (ULS) has announced that Fifth Third Bank has engaged in a supplier partner relationship with Urban Lending Solutions Appraisals (ULSA)
Urban Lending Solutions (ULS) has announced that Fifth Third Bank has engaged in a supplier partner relationship with Urban Lending Solutions Appraisals (ULSA), a subsidiary of ULS. Fifth Third signed an agreement for appraisal management services to support enhanced services for its customers. “... more
Approximately 117,000 non-foreclosure solutions—including total loan modifications, short sales, deeds in lieu and workout plans—were executed in April, according to new data from HOPE NOW
Ocwen Financial Corporation has announced that according to the recently released U.S. Department of the Treasury Making Home Affordable Performance Program (MHA) Report, Ocwen is the leader in helping struggling homeowners stay in their homes through the Home Affordable Modification Program (HAMP... more
Nearly one-quarter of homebuyers regret their choice of lenders, according to the J.D. Power 2016 U.S. Primary Mortgage Origination Satisfaction Study
Ocwen Financial Corp. was faulted by the federal monitor of the National Mortgage Settlement (NMS) for falling short on two tests related to force-placed insurance during the fourth quarter of 2015. In a report issued today by Joseph A. Smith Jr., the NMS monitor, Ocwen was credited with passing... more