I've lost count of the various investigations by feds and individual states that involve Ocwen. Seems their numbers from last year are off. Hmmmmm my memory isn't real crisp yet this morning . . . . is this the same route that Countrywide previously took?
"In a regulatory filing this week, Ocwen disclosed that the U.S. Securities and Exchange Commission’s staff alerted the company that it will be seeking records in connection with the restated earnings. Last week, the firm disclosed that it may have “material weakness” in how it booked the sale of loan servicing rights to Home Loan Servicing Solutions Ltd."
http://www.ajc.com/news/business/atlanta-mortgage-servicer-faces-more-investigation/ng6sP/ |