Ocwen - Take Action for Those Harmed by Their Mortgage Servicer - Post Script to SHOW ME THE NOTE

11
Fri, Apr 21, 2017 - 11:05pm

It's been a long time since I sat down to write up a post. Mr. TF and the other regulars have simply done an amazing job and I just have been too busy in my day job to add to the excellent discussion.

But, just a day or so ago, I came across an article discussing how Ocwen, an infamously corrupt mortgage loan servicer that had been essentially unmasked as a serially corrupt servicer engaging in ongoing illegal activity. The ramifications were instant, and the effects are just now emerging.

One commentator, whose blog is here

https://livinglies.wordpress.com/2017/04/21/injured-by-ocwen-take-action...

has provided a basic summary, and a list of the authorities to contact.

If anyone with a mortgage has been harmed by Ocwen, the time is now to speak out and contact the authorities. Maybe, just maybe, there will actually be some perp walks!

At a minimum, the more people that contact their state and CFPB authorities telling their stories of servicer abuse, mistreatment, fraud, then perhaps some real and lasting change can occur.

It is far too much to ask that the Feds actually do something about the rampant mortgage origination fraud, or the big bank fraud permeating this industry, but, in the end, it is the enormity of the numbers of people coming forward with complaints that will eventually lead to solutions.

Good luck and I hope anyone who is struggling with this issue gets relief.

About the Author

  11 Comments

  Refresh
Apr 24, 2017 - 5:34pm

Thanks CALaw

I always appreciate your posts!

AGXIIK
Apr 23, 2017 - 9:49pm

OCWEN IS STILL LURKING OUT THERE

This scourge of demented back soakers is still lurking out there like the residual virus of a plague, causing harm wherever they land.

When you hear the name OCWEN RUN!!!

JackPutter
Apr 23, 2017 - 1:20pm

The Three Kings story??

I don't know if George Clooney ever saw this tank. It's good to have hobbies.

Millions in Iraqi Gold Found In Tank!

"But to their surprise, when they reached into the fuel tank, it was not guns that they pulled out. Instead, they started pulling out gold bars, five of them in total. The gold bars weighed about 70 pounds and valued $1.4 million in gold!"

https://www.starpulse.com/yes-this-really-just-happened-2120034562.html

Link direct to You Tube video;

GOLD found in Tank! - Tank restoration gets lucky and we find something amazing!
SilverBelle
Apr 23, 2017 - 8:54am

Perp walks?

Wouldn't that be fantastic! I won't be holding my breath though. But, I will be most grateful if this can put a fire under folks to say "I'm not going to take it anymore!" to all the rampant corruption. It is encouraging to see the list of states taking strong actions.

Ocwen (Newco spelled backwards, quite the original name huh?) must be the poster child for companies that exist to take advantage of a system.

As for a perp walk, who would be responsible? Many of these mortgages originated from Homeward Residential which Ocwen bought from WL Ross and Co. Yes, the very same WL Ross who is our current Secretary of Commerce. Ross served on Ocwen's board of directors until 2014 when he became vice chairman of Bank of Cyprus.

Would the former CEO, Bill Erbey, make a nice candidate for a perp walk? Ocwen made him a billionaire. Let's not forget that he moved to St. Croix in order to slash corporate taxes.

If current officers take the wrap, they would be the fall guys and scapegoats much like a local drug kingpin. Not innocent by any stretch of the imagination, but the drug trafficking won't stop until the head is cut off by taking down the alphabet agencies who are the true suppliers.

Might be interesting to discover who purchased these foreclosed homes.

Apr 23, 2017 - 12:44am
Apr 22, 2017 - 8:06pm

Interesting... thanks Cal!

I was not affected by this, but surely many Turdites were- now is the time to throw in your lot! I would pay good money to see a decent perp-walk for once...

Apr 22, 2017 - 9:30am

CaL, thanks for the update

Your input here is invaluable.

Marchas45
Apr 22, 2017 - 7:15am

What An Honor

To Be 4th on The Calif Lawyers Post Keep Stacking

Damn I had those bastards handling my mortgage and they sold it to Bank of America and I never knew they sold it until I was advised by BOA.

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Noteriety
Apr 22, 2017 - 4:59am

I'm in Bill Hilly

Purposeful conversations have begun. I will be switching to a Credit Union shortly!

AlienEyes
Apr 22, 2017 - 1:11am

Good to know....

that you are alive and well.

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
6/30 9:45 ET Chicago PMI
6/30 10:00 ET Consumer Confidence
6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
7/2 10:00 ET Factory Orders

Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
6/22 10:00 ET Existing home sales
6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
6/25 8:30 ET Durable Goods
6/26 8:30 ET Pers Inc and Spending
6/26 8:30 ET Core inflation

Key Economic Events Week of 6/15

6/16 8:30 ET Retail Sales
6/16 8:30 ET Cap Ute and Ind Prod
6/16 10:00 ET Chief Goon Powell US Senate
6/16 4:00 pm ET Goon Chlamydia speech
6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
6/18 8:30 ET Initial Jobless Claims
6/18 8:30 ET Philly Fed
6/19 8:30 ET Current Account Deficit
6/19 1:00 pm ET CGP and Mester conference

Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
6/9 10:00 ET Wholesale inventories
6/10 8:30 ET CPI for May
6/10 2:00 ET FOMC Fedlines
6/10 2:30 ET CGP presser
6/11 8:30 ET Initial jobless claims
6/11 8:30 ET PPI for May
6/12 8:30 ET Import price index
6/12 10:00 ET Consumer sentiment

Key Economic Events Week of 5/25

5/26 8:30 ET Chicago Fed
5/26 10:00 ET Consumer Confidence
5/27 2:00 ET Fed Beige Book
5/28 8:30 ET Q2 GDP 2nd guess
5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
5/29 9:45 ET Chicago PMI

Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
5/20 10:00 ET Goon Bullard speech
5/20 2:00 ET April FOMC minutes
5/21 8:30 ET Philly Fed
5/21 9:45 ET Markit flash PMIs for May
5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
5/11 12:30 ET Goon Evans speech
5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
5/12 10:00 ET Goon Quarles speech
5/12 10:00 ET Goon Harker speech
5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
5/15 8:30 ET Retail Sales and Empire State index
5/15 9:15 ET Cap Ute and Ind Prod
5/15 10:00 ET Business Inventories

Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
5/5 8:30 ET US Trade Deficit
5/5 9:45 ET Markit Service PMI
5/5 10:00 ET ISM Sevrice PMI
5/6 8:15 ET ADP jobs report
5/7 8:30 ET Productivity
5/8 8:30 ET BLSBS
5/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 4/27

4/28 8:30 ET Advance trade in goods
4/28 9:00 ET Case-Shiller home prices
4/29 8:30 ET Q1 GDP first guess
4/29 2:00 ET FOMC Fedlines
4/29 2:30 ET CGP presser
4/30 8:30 ET Pers Inc and Cons Spend
4/30 9:45 ET Chicago PMI
5/1 9:45 ET Markit Manu PMI
5/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 4/20

4/20 8:30 ET Chicago Fed
4/21 10:00 ET Existing home sales
4/23 8:30 ET Weekly jobless claims
4/23 9:45 ET Markit flash PMIs
4/24 8:30 ET Durable Goods

Recent Comments

by boomer sooner, 57 min 4 sec ago
by billhilly, 1 hour 8 min ago
by Winder, 1 hour 18 min ago