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Ocwen Financial Corp., one of the biggest U.S. mortgage servicers, rejected as "groundless" accusations by an investor group that the companys practices created defaults on home-loan bonds backed by debt it oversees.
January 26 -
California's Department of Business Oversight said Friday that it will drop its effort to suspend Ocwen Loan Servicing's mortgage license in California. The Atlanta servicer had failed for more than a year to provide its California regulator with requested information
January 23
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Freddie Mac is selling $410 million of deeply delinquent U.S. home loans in its second sale of the debt.
January 23 -
BlueMountain Capital Management is claiming that "misconduct" by Ocwen Financial Corp. triggered a default in securities issued by an affiliate of the mortgage servicer.
January 23 -
The consumer bureau and Maryland's AG allege the loan officers received consumer data and other services in return for business referrals.
January 22 -
When writing your own State of the Union presentation, skip to the part where you lay out the vision for what your company will be in the future.
January 22
STRATMOR Group -
Top housing economists dont think an Oil Patch slowdown will result in a weaker national housing market.
January 22 -
Hearing arguments in Texas case, Justice Scalia and others were skeptical that the controversial legal theory used in fair housing cases should be invalidated.
January 21
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Five Star Bank is the latest financial institution to settle claims that it avoided lending to minorities. More redlining cases can be expected, industry experts say.
January 21
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Ocwen Financial Corp. named two new members to its board of directors as the nonbank servicer works to repair its image in the eyes of regulators and investors.
January 21
