The big idea from Ocwen Financial was to establish an offshore entity to help it deal with its massive influx of business. Now, nearly one year since that company Home Loan Servicing Solutions priced ...

Altisource Portfolio Solutions SA has entered into non-binding letters of intent with Ocwen Financial Corporation to acquire certain fee-based businesses related to Ocwen's recently acquired Homeward ...

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 ...

One of the companies that could profit from the last economic crisis is Ocwen Financial Corp (NYSE:OCN). By buying underperforming mortgage rights to banks, the company has amassed substantial ...

The mortgage business has been fraught with problems in the recent past, and mortgage servicing specialist Ocwen Financial (NYSE: OCN) has had to deal with problems that have raised the attention of ...

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 ...

Ocwen Financial, the nation's fourth-largest collector, aka servicer, of mortgage debt, will pay more than $2 billion to mortgage borrowers to settle alleged "significant and systemic misconduct" in ...

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 ...

Young adults are stacking up, but not shacking up - according to a recent Zillow analysis. Most young adults are living with their parents or living with friends in order to defray housing costs ...

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 story of Ocwen Financial has all the makings of a modern day Wall Street classic novel. The CFPB and a host of 30+ state regulators slapped Ocwen with a bevy of potentially crippling cease and ...