US and States Accuse Subprime Mortgage Servicer of Years of Abuses

US and States Accuse Subprime Mortgage Servicer of Years of Abuses

Twenty state mortgage regulators filed or are in the process of filing cease-and-desist orders intended to limit or freeze Ocwen's ability to acquire new
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TIAA TDFs Aim for Direct Real Estate

The firm's target-date mutual fund lineup will now have access to institutional-quality direct real estate investments. By Javier Simon
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Real estate investment firm set to relocate to downtown Stamford

Real estate investment firm Waypoint Residential is moving to 9 W. Broad St. in downtown Stamford, where it will take about 11,500 square feet on the
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Impact of Ontario housing measures on market may be short-lived: experts

Experts say measures introduced by the Ontario government to cool the red-hot housing market are likely to leave a lot of the buyers on the sidelines
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Wells Fargo creates new SW banking division

Neal Crapo, will head Wells Fargo's new southwest division of its Middle Market Banking operation. (COURTESY OF WELLS FARGO).
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Impact of Ontario housing measures on market may be short-lived

TORONTO — Experts say measures introduced by the Ontario government to cool the red-hot housing market are likely to leave a lot of the buyers on
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Feds: Big mortgage servicer illegally foreclosed on homeowners

The bureau accuses Ocwen of enaging in “significant and systemic misconduct at nearly every stage of the mortgage servicing process,” including
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MBA outlines privatization plan for Fannie, Freddie

… Mae and Freddie Mac from conservatorship and turn the government-sponsored enterprises into private guarantors of mortgage-backed securities.
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US Fed buys $6.4 billion of mortgage bonds, sells $1 billion

U.S. Fed buys $6.4 billion of mortgage bonds, sells $1 billion … on the agency debt and agency mortgage-backed securities, or MBS, it holds to
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Trudeau says there are pressures on real estate market that must be alleviated

In an interview with Bloomberg News, Trudeau said there has been a dearth of data on what has been driving soaring real estate prices in markets
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Political Compromise Means Changes To Housing Market

Lawmakers are changing rules that limited construction in the Denver metro area.
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LPC: US healthcare lending rouses from policy-induced sedation

Loans to high-quality companies accounted for 60% of the US$178bn in healthcare lending last year. But in the first quarter, the share sank to just
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Massachusetts hard money lenders

Ach loan Sallie mae smart loans Loan org Money Lending Service Ohio loans bad credit Long term bad credit installment loans Cash advance estero
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EPS for Investors Title Company (ITIC) Expected At $0.00, Selective Insurance Group (SIGI) Had 0 …

Among 3 analysts covering Selective Insurance (NASDAQ:SIGI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Selective Insurance
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Q&A: What options do I have on underwater mortgage?

She is a single mom with teenage children and doesn't have the funds to pay a mortgage off and rent. What are her options? – Virginia Mayou.
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Ocwen's Bad Day: CFPB Lawsuit, North Carolina Cease-and-Desist

It's been a decidedly rough afternoon for Ocwen Mortgage Servicing, Inc. (NYSE: OCN), as the multistate servicer was hit with a federal lawsuit from
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MOVES-Citigroup names new head of retail banking and mortgage at GCB

Chubak will report to Stephen Bird, chief executive of global consumer banking. Chubak joined Citigroup in 2013 as global head of productivity.
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Former Stock Market Darling Ocwen Financial Plunges On New Allegations Of Improper Conduct

A year later, Treasury Secretary Steven Mnuchin sold $78 billion worth of mortgage servicing rights to Ocwen while in charge of OneWest Bank, the
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CFPB, 20 states take sweeping actions against Ocwen

The actions cap years of state and federal investigations into Ocwen. The once high-flying West Palm Beach, Fla., mortgage servicer grew quickly after
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Trudeau Sees Period of Pressure in Canada Housing Market

Canadian Prime Minister Justin Trudeau comments on the state of Canada's housing market during an interview with Bloomberg Editor-in-Chief John
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