Claims Fidelity Information Services engaged in ‘fraudulent, abusive billing scheme’ May 30, 2017 Ben Lane Fidelity Information Services perpetrated a “fraudulent and abusive billing scheme” and engaged in gross dereliction of duty in its role as the independent monitor of Ocwen Financial’s 2015 settlement with the state of California, Ocwen said in a bombshell lawsuit […]

Tags: Fidelity Information Services, HousingWire, Ocwen
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A deeper dive reveals what Ocwen can and can’t do going forward April 21, 2017 Ben Lane http://www.housingwire.com/articles/39932-heres-a-detailed-breakdown-of-ocwens-new-restrictions-by-state 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 servicing rights. On Thursday, a group of state […]

Tags: HousingWire, Ocwen
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Tags: county recorder, David J Stern, Fannie MAe, Federal reserve, Florida, foreclosure fraud, Freddie Mac, GSEs, HousingWire, Jon Prior, Lender Processing Services, Lisa Epstein, Michigan, Mortgage Electronic registration Systems, Office of the Comptroller, Palm Beach County, securitization scam, Sharon Bock
Posted in bubble, Corruption, Eviction, securities fraud |