Tag archive for "Ocwen"
by Chris Adams October 4, 2009 WASHINGTON — The federal government is engaged in a massive mortgage modification program that’s on track to send billions in tax dollars to many of the very companies that judges or regulators have cited in recent years for abusive mortgage practices. The firms, called mortgage servicers, have been cited for badgering, manipulating [...]Leer más0 Comentarios
by Alyssa Katz September 30, 2009 During the real estate bubble, older urban neighborhoods across the nation, from Atlanta to Baltimore to Cleveland to Sacramento and countless communities in between fell victim to a devastating plague of predatory lending and mortgage fraud. This was enabled by Wall Street’s bottomless appetite for financing home loans, lenders’ lax standards, and [...]Leer más0 Comentarios