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Rainmaker
629,751
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

No idea!

Jan 16, 2018 11:59 AM
Rainmaker
831,373
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Emanuael. 

You should join if there is a class action suite against Ocwen (if you've ever attempted or completed a short sale via Ocwen). Every agent engaged in an Ocwen short sale should join the class action suite if presented the opportunity. Every citizen whose loan modification was subverted by Ocwen resulting is the lose of the home should join the class action suite.

LA TImes writes, "California's action accuses Ocwen of defying requests for information by the California Department of Business Oversight, which licenses nonbank mortgage lenders and providers of collection and foreclosure services."

The best outcome will be a suit on the Bank of America Board goes to prison. What will happen is another $1,000 fine, a thin promise from Ocwen, then business as usual. 

Regarding the real estate market segment called 'distressed' Ocwen is too big to fail.

What does it mean to current customers....their houses will continue to be stolen by an organization who defies the laws consumers hope are in place to protect them.

Meanwhile, if you are currently doing business with Ocwen, keep alert to get you name on the list of victims who will share in the billion(S) settlement.

But history has revealed the real victim, the owner who lost their home, will NOT be compensated, but everyone else will.

And it all started by Bank of America paying off Moody's.

 

Jan 15, 2015 09:17 PM
Rainer
279,548
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Me? Not sure how it would affect me.

May 27, 2018 10:33 PM
Ambassador
4,841,241
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Every dealing that I have had with that company has been painful.

Oct 17, 2017 09:44 PM
Ambassador
4,307,764
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nothing to my clients.

Sep 03, 2017 11:04 PM
Rainmaker
3,067,302
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

News to me

May 11, 2017 04:40 AM
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I need to check out this news.  Though, nothing would please me more than to see OCWEN leave the real estate business.

Jan 18, 2015 05:37 AM
Rainmaker
2,432,899
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

This is the first I have heard of this, but it is major news.  If THEIR license has been suspended I would think it was because of their HUBZU dealings. Not professional and we are still waiting on a deed.  More than a year and a half, still no copy of it to the buyer.  It has been recorded, but buyer did not receive a copy.

Jan 15, 2015 12:12 PM