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Ocwen Mortgage Massachusetts

Ocwen Ordered to Cease Mortgage Operations in Massachusetts

Ocwen, one of the largest mortgage servicers in the country, faces regulatory action from both the state and federal levels for “failing borrowers at every stage of the mortgage servicing process,” including mishandling mortgage accounts and botching loan modifications. The federal Consumer Financial Protection Bureau sued...

Homeowners Say Goodbye to Ocwen, Hello to Chase

Approximately 266,000 mortgages worth $45 billion are being transferred from Ocwen to Chase in a recent sale, according to news releases. As a result, many homeowners whose loans were previously serviced by Ocwen will soon be getting notices that their payments should be sent to...

How Ocwen’s $2.1B Settlement Affects Massachusetts Homeowners

Recently we've had a lot of questions from borrowers regarding Ocwen's $2.1B settlement and how specifically it impacts them, if at all. Included in this post is some background and specific information on how the details of the settlement may affect you. In 2012, the nation’s...

Culik Law Obtains Injunction Preventing Foreclosure

Culik Law has prevailed in a motion in Massachusetts Superior Court to prevent the foreclosure of a family’s home by the banks Ocwen and US Bank. The homeowners were under review for a loan modification when the foreclosure was scheduled. Under various standards set by the...