The Law Suites Against Ocwen Are Intensifying

Run away from any Mortgage Order Mill (MOM) that has Ocwen as a client. Ocwen is in deep trouble. Ocwen will not survive. Ocwen is on life support. When Ocwen fails, your Mortgage Order Mill may fail and you will not get paid. Don’t be stupid.

Apr-22-17 04:22PM IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Ocwen Financial Corporation and Encourages Investors with Losses to Contact the Firm Business Wire
03:01PM J&W Announces Investigations of Ocwen and Hain Celestial; Investors Encouraged to Contact Firm PR Newswire
01:34PM Vetr Signals Buy on NRZ As Client Trouble Causes Price To Dip Benzinga
04:00AM SHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Ocwen Financial Corporation Business Wire
12:28AM OCWEN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ocwen Financial Corporation (OCN) GlobeNewswire
Apr-21-17 11:40PM INVESTOR ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Ocwen Financial Corporation Business Wire
09:00PM Block & Leviton LLP Announces The Filing Of A Class Action Against Ocwen Financial Corporation (OCN) And Encourages Shareholders To Contact The Firm PR Newswire
06:45PM Pawar Law Group Announces Filing of Securities Class Action Lawsuit Against Ocwen Financial Corporation – OCN Accesswire
03:20PM IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit Against Ocwen Financial Corporation and Encourages Investors With Losses to Contact the Firm Business Wire
02:46PM SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Ocwen Financial Corporation To Contact The Firm PR Newswire
01:37PM Pomerantz Law Firm Announces the Filing of a Class Action against Ocwen Financial Corporation and Certain Officers OCN GlobeNewswire
01:35PM SHAREHOLDER ALERT: Goldman Scarlato & Penny, P.C. Investigates Securities Claims Against Ocwen Financial Corporation Business Wire
01:07PM Florida among states suing Ocwen over mortgages, stock plummets American City Business Journals
12:04PM INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Ocwen Financial Corporation Investors Business Wire
10:25AM Ocwen Back on the Hot Seat as Regulators File Lawsuits 24/7 Wall St.
10:18AM IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of Ocwen Financial Corporation and Advises Investors with Losses to Contact the Firm Business Wire
09:30AM Zacks Investment Ideas feature highlights: Ocwen Financial and Tesla Zacks
09:17AM Juice Hacking and Mortgage Tech Bloomberg
09:15AM Ocwen Financial Corp. breached its 50 day moving average in a Bearish Manner : OCN-US : April 21, 2017 Capital Cube
08:29AM OCWEN NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Ocwen Financial Corporation To Contact The Firm PR Newswire
06:30AM Ocwen Disputes Allegations Raised By State Regulators: Will Continue To Work Cooperatively To Achieve An Acceptable Resolution GlobeNewswire
12:21AM [$$] CFPB Sues Mortgage Servicer Ocwen, Alleging Botched Services The Wall Street Journal

Courthouse News Service: Ocwen Financial Faces Boatloads of Complaints … They Will Not Survive

The Courthouse News database contains more than 1,000 lawsuits against Ocwen since 2016, the latest being a shareholders class action filed Friday in West Palm Beach Federal Court, accusing the company of inflating its share price through false and misleading statements.

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WEST PALM BEACH, Fla. (CN) — In a lawsuit brimming with claims of wrongful foreclosures, deceptive, unfair and incompetent debt collection, the Consumer Financial Protection Bureau says more than 300,000 homebuyers in the past two years have complained about Ocwen Financial, one of the largest nonbank mortgage servicers in the country. The 14-count federal lawsuit says Ocwen’s widespread mishandling of borrowers’ mortgage accounts violated a bevy of consumer protection laws.

“Ocwen has improperly calculated loan balances, misapplied borrower payments, failed to correctly process escrow and insurance payments, and failed to properly investigate and make corrections in response to consumer complaints,” the CFPB says in the April 20 complaint. “Ocwen has compounded these failures by illegally foreclosing upon borrowers’ loans and selling loan servicing rights to servicers without fully disclosing or correcting errors in borrowers’ loan files.”

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Ocwen Accused Of Sloppy Mortgage Servicing … Here Is A Prime Example Of What Is Happening With Bank Servicer

ORANGE COUNTY, Fla. – An Apopka couple is being kicked out of their home after losing an eight-year foreclosure battle in court. The couple’s own records show they never missed making a mortgage payment, but their lender had a different set of books that showed otherwise.

Watch the WFTV9 video.

Run away from the mortgage segment of the industry. It is the home of $3 mortgage inspections and 99.5% of the fraud, greed and corruption in the industry.

OCWEN Is A Greedy Pig That Is Severly Underwater … It May Not Survive

OCWEN CARES

Ocwen understands how important homeownership is to our customers and communities across America. We care for millions of mortgage customers every day, and have helped over 720,000 families stay in their homes. We help find real solutions that preserve homeownership and build stronger communities guided by a simple philosophy we call “Caring in Action.”

The lawyers representing the damaged investors who suffered a 60% loss are homing in on Ocwen.

The greedy pig Ocwen is underwater.

Small national Mortgage Order Mills (MOMs) Cannot Compete With The Large National MOMs

Question: I am a small national Mortgage Order Mill (MOM) and I want to raise the prices that I charge to my bank servicer clients.

Answer: If you raise the prices to your bank servicer clients, the large national MOMs will take away more of your work as they have learned to make more money with high property preservation discount rates (20% to 50%) and huge chargebacks sometimes going back five years. It won’t get any better when the economy starts growing at a faster rate. The new trend of the polycarbonate boarding of windows will take away more business from the small MOMs. Life is not always fair! The cheese is getting very old … find new cheese.

The Ocwen Investor Lawsuits Have Started … Let The Tsunami Begin!

Ocwen stock crashed about 60% last week. The greedy pig is now on life support. There will not be any money after the class action suites are adjudicated. Ocwen will not survive their incompetence. They have had many chances to change their ways and they just cannot get it right. Stay away from the Mortgage Order Mills (MOMs) getting work from Ocwen. The tsunami is crashing on the shores of the mortgage segment. Head for high ground or you will not survive.

LOS ANGELES–(BUSINESS WIRE)–Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE:OCN) concerning possible violations of federal securities laws between May 11, 2015 and April 19, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm in advance of the June 20, 2017 lead plaintiff motion deadline.