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 U.S. House of Representatives passed the Foreclosure Relief and Extension for Servicemembers Act of 2015
The U.S. House of Representatives passed the Foreclosure Relief and Extension for Servicemembers Act of 2015, which extends foreclosure protection for military homeowners from the current 90-day period to a one-year period beginning in January 2018. The bill is a House companion to S.2392, which... more
LRES, an Orange, Calif.-based REO and appraisal management company, is now offering a free white paper, “What Mortgage Servicers Need to Know to Prevent Liens from Destroying Investor Profits.” According to the company, this new white paper eliminates some of the confusion over the lien position of... more
Another chapter in the aftermath of the 2008 crash came to a conclusion as the federal monitor for the National Mortgage Settlement (NMS) announced that his office uncovered no failed metrics by the original NMS servicers during the third quarter of 2015
Another chapter in the aftermath of the 2008 crash came to a conclusion as the federal monitor for the National Mortgage Settlement (NMS) announced that his office uncovered no failed metrics by the original NMS servicers during the third quarter of 2015 and will now end the NMS rules imposed on... more
​Ocwen Financial Corporation has announced that current independent director Phyllis R. Caldwell will replace Barry N. Wish as chair of the company’s Board of Directors
Ocwen Financial Corporation has announced that current independent director Phyllis R. Caldwell will replace Barry N. Wish as chair of the company’s Board of Directors. The Board of Directors made this change to provide for a smooth and orderly transition after Wish informed the board that he did... more