Reverse Mortgages Pros States Confirm Ocwen Bans Don’t Apply to Liberty, Reverse Mortgages Agencies from 21 states across the nation sent shockwaves through the lending industry last week when they issued cease-and-desist orders against Ocwen Financial Corporation (NYSE: OCN), preventing…

Reverse Mortgages Pros Ocwen’s Bad Day: CFPB Lawsuit, 20+ State Regulatory Orders It’s been a decidedly rough afternoon for Ocwen Mortgage Servicing, Inc. (NYSE: OCN), as the multistate servicer was hit with a federal lawsuit from the Consumer Financial Protection…

Reverse Mortgages Pros Friday Round-Up: HUD, PBS Talking Reverse Mortgages Reverse mortgages were front and center for the Department of Housing and Urban Development this past week, with HUD representatives speaking before a National Reverse Mortgage Lenders Association audience in…

Reverse Mortgages Pros Friday Round-Up: HUD Reveals Final Rule Plans, Positive Media Coverage It’s the end of a busy week in the reverse mortgage world, one that saw  the two-day National Reverse Mortgage Lenders Association’s eastern regional conference in New…