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Were You a Victim of Wrongful Foreclosure? If your foreclosure involved Deutsche Bank, Option One Mortgage Corporation (later renamed Sand Canyon Corporation), or Ocwen Loan Servicing, you may have legal options. Our legal team is actively researching potential claims against these entities. If you’ve been harmed, contact our office by phone, email, or submit a […]
PennyMac and others are pretending to be “servicers” but they’re not, even though they do some servicing work. They’re using Black Knight’s systems to do it. Think of Black Knight as a big boss that controls a lot of the so-called “servicing records,” about 62% of them in the US. Because of this, companies can […]
From the disclosure statement by Altisource. See https://www.marketscreener.com/quote/stock/ALTISOURCE-PORTFOLIO-SOLU-5506020/news/ALTISOURCE-PORTFOLIO-SOLUTIONS-S-A-MANAGEMENT-S-DISCUSSION-AND-ANALYSIS-OF-FINANCIAL-CONDITION-AND-43381543/ Ocwen Related Matters During the year ended December 31, 2022, Ocwen was our largest customer, accounting for 41% of our total revenue. Additionally, 6% of our revenue for the year ended December 31, 2022 was earned on the loan portfolios serviced by Ocwen, when a party […]
Ocwen is the parent company, and PHH is said to be a subsidiary and subservicer in charge of underperforming or nonperforming accounts. Those who read these pages know that I have taken the position, successfully in many court cases, that Ocwen is not doing anything, and neither is PHH. They are fronts for third-party FINTECH […]
For 25 years, Ocwen and the companies it has “acquired” through mergers or acquisitions have been falsely allowing third parties to use its name to pose as lenders and servicers. They have always been parties to Purchase and Assumption Agreements (both titled as such and using other titles) in which the complete ownership and control […]
The biggest problem for nearly everyone viewing these pages is that besides the legal and financial jargon, the concepts are difficult to understand. So I keep getting questions and comments that basically amount to “So what” What difference does it make whether the named servicer is performing those functions or it is someone else?” The […]
Western Progressive LLC is named as Trustee or even Attorney on many forms, notices and recorded documents in foreclosures. So who is this Luxembourg LLC and why do all paths lead back to Ocwen? Why such a company would ever be seen as a qualified party to (a) serve as a trustee on a deed […]
The product being sold by OCWEN FINANCIAL SERVICES is its common stock — and probably its integrity * At least the Titanic has historical and maybe even archaeological significance. * Let’s be clear. The product being sold by OCWEN FINANCIAL SERVICES is its common stock — and probably its integrity (if it ever had any). […]
It has been happening for at least 10 years. Most homeowners never knew it happened. They were served with foreclosure notices and they simply walked away thinking that they had an unpaid account receivable with their name on it and that foreclosure was inevitable. A satisfaction of mortgage, usually by the Bank of America or […]
Let them know what you think!!! The new suit is about charging illegal fees. But if the attorney generals of each state want real leverage they need only demand discovery responses to one simple question: Name the Creditor Who Authorized You to Act as Agent, Servicer, or Power of Attorney. Ocwen doesn’t have any money […]
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