BofA delivers on $7 billion promise to mortgage customers | 2015-02-18 | HousingWire

BofA delivers on $7 billion promise to mortgage customers | 2015-02-18 | HousingWire. By Brenda Swanson – HousingWire Newsletter Bank of America (BAC) is starting to deliver on its $7 billion consumer-relief obligations required under its Aug. 20 2014 settlement with the U.S. Department of Justice and six states. Bank of America failed to make…

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Ocwen sued by investors for mortgage payment negligence

Preparing to sue embattled nonbank Ben Lane HousingWire Article January 23, 2015 6:29PM Ocwen Financial (OCN) is about to have another massive battle to fight in what’s becoming an all-out assault on the beleaguered nonbank. A press release, which does not name investors is available on the website of law firm Gibbs & Bruns. According to a…

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