Judge Approves DiTech Third Amended Plan in Bankruptcy —

see Docket 1404 (2) Order confirming third amended joint chapter 11 plan of ditech BEWARE: Things are not what they appear. This is another step in which something is made out of nothing. The entire plan is not based on any real assets or income of DiTech nor does it have any nexus to the…

via Judge Approves DiTech Third Amended Plan in Bankruptcy — Livinglies’s Weblog

Ocwen Refunded Money to Maine Borrowers Who were Illegally Foreclosed

see https://www.housingwire.com/articles/49795-ocwen-agrees-to-refund-maine-residents-to-end-foreclosure-dispute-with-the-state/ Important quotes from article: According to the Maine Bureau of Consumer Credit Protection, Ocwen Loan Servicing instigated foreclosures on loans based on paperwork that was determined to be legally inaccurate. According to the consent agreement, the Power of Attorney over the loans that were in the Aegis portfolio ceased to exist when the entity was dissolved in…

via Ocwen Refunded Money to Maine Borrowers Who were Illegally Foreclosed — Livinglies’s Weblog