MSRs
Latest Posts
State banking regulators crush Ocwen’s business with sweeping new restrictions
Apr 20, 2017Citing numerous issues with consumer escrow accounts and a “deficient financial condition,” a consortium of state banking regulators just put Ocwen Financial’s mortgage business on life support. A bombshell announcement from the North Carolina Commissioner of Banks claims that more than 20 state mortgage regulators issued cease-and-desist orders to Ocwen, which prohibits the acquisition of new mortgage servicing rights and the origination of mortgages.
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Ocwen now one giant step closer to acquiring MSRs again after new NYDFS agreement
Mar 27, 2017 -
Caliber Home Loans acquiring Banc Home Loans
Mar 01, 2017 -
Ocwen expects another loss in 2017 thanks to NYDFS, CFPB regulatory issues
Feb 22, 2017 -
Ocwen falls back into the red in Q4, but results are much better than last year
Feb 22, 2017 -
Ocwen reaches $223 million settlement with California over servicing violations
Feb 17, 2017 -
Here’s how and why CitiMortgage is leaving mortgage servicing
Jan 30, 2017 -
CitiMortgage exits mortgage servicing business
Jan 30, 2017 -
PHH selling off entire mortgage servicing rights portfolio
Dec 28, 2016 -
Walter Capital Opportunity Corp. selling $10 billion MSR portfolio to New Residential
Nov 16, 2016 -
More trouble for Walter Investment as nonbank posts third straight big loss
Nov 09, 2016 -
Ocwen returns to profitability for first time since Q2 2015
Oct 26, 2016
