Onity restructures debt and has most profitable year since 2013
Onity restructures debt and has most profitable year since 2013
After posting $33M in profit in 2024, PHH Mortgage's parent company said Thursday it will invest further in loan servicing and the originations tech that handles a majority of its customer inquires
by Matt Carter Feb 14
Ocwen agrees to settle decade-long suit over BPO, valuation fees
Ocwen agrees to settle decade-long suit over BPO, valuation fees
Up to 330,377 homeowners from whom Ocwen collected mortgage payments between 2010 and 2017 could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation
by Matt Carter Apr 30
Ocwen is doubling down on PHH Mortgage's loan originations
Ocwen is doubling down on PHH Mortgage's loan originations
The acquisition of Texas Capital Bank's correspondent lending business is expected to double the channel's volume for PHH Mortgage
by Matt Carter Apr 26
Deutsche Bank hit with housing discrimination lawsuit
Deutsche Bank hit with housing discrimination lawsuit
National Fair Housing Alliance accuses German banking and financial behemoth of neglecting foreclosed properties in minority neighborhoods
by Jotham ​Sederstrom Feb 7
Embattled Ocwen reports nearly $600M loss for 4Q
Embattled Ocwen reports nearly $600M loss for 4Q
Mortgage servicer saddled with $150M settlement with New York regulators
by Amy Tankersley Apr 15
Mortgage servicer out of compliance with stock exchange listing rules
Mortgage servicer out of compliance with stock exchange listing rules
Embattled Ocwen spinoff has twice missed deadline on financial reports with SEC
by Amy Tankersley Mar 23