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News About Litton
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1. Ocwen Originations Off, Servicing Subsides - Q2 mortgage production down 21...
Homeward, Litton and Ocwen. Income before taxes jumped to $88 million from $51 million in the first quarter and $70 million in the second-quarter 2012. Ocwen profile next story
www.mortgagedaily.com/OcwenProduction080213.asp
2. Former Employees Accuse BofA of Deceiving HAMP Applicants - Statements made in...
Goldman Sachs subsidiary Litton Loan Servicing, told ProPublica in 2012 that the company periodically conducted "denial sweeps" to reduce the backlog of homeowners. A spokesman
www.mortgagedaily.com/PPBofaModifications061713.asp
3. Ally Unloading Servicing Portfolio - More than $100 billion in servicing included ...
September 2011 acquisition of Litton Loan Servicing LP; and the acquisition of HomEq Servicing in May 2010. Ocwen also expects to acquire MSRs on another $127 billion in loans
www.mortgagedaily.com/AllyMsrSale031213.asp
4. ClearPoint Capital to Be Acquired - Deal expected to close in Q1 | Feb. 15, 2013 |...
Servicing LLC bought Litton Loan Servicing LP from Goldman Sachs Bank in 2011 and acquired HomEq Servicing in 2010 from Barclays Bank PLC. Ocwen expects to close on its
www.mortgagedaily.com/ClearpointAcquisition021513.asp
5. More Mortgage Servicing Settlements Emerge - Two investment bankers settle for...
Litton Loan Servicing LP, which was acquired by Ocwen Financial Corp. in September 2011. Morgan Stanley settled over the servicing practices of subsidiary Saxon Mortgage Services
www.mortgagedaily.com/ServicerSettlement011613.asp
6. MERS Winning War - Recent activity in litigation challenging MERS loan titles...
Selkowitz, in individual, Plaintiff, v. Litton Loan Servicing, LP, a Delaware limited partnership; New Century Mortgage Corp., a California corporation; Quality Loan Service
www.mortgagedaily.com/LitigationTitleMers092512.asp
7. Washington Supreme Court Rules Against MERS - Ruling means MERS can't foreclose...
KEVIN SELKOWITZ, an individual, Plaintiff, v. LITTON LOAN SERVICING, LP, a Delaware limited partnership; NEW CENTURY MORTGAGE CORPORATION, a California corporation; QUALITY LOAN
www.mortgagedaily.com/MctLawsuitMersWa081712.asp
8. HAMP Volume Tumbles - 801,538 HAMP modifications completed in April | June 6...
March's 39,466. HAMP activity for Litton Loan Servicing LP was recently added to Ocwen's total. The 6,690 increase at Ocwen was the biggest gain of any servicer during April. A
www.mortgagedaily.com/HampPerformance060612.asp
9. Alt-A, Jumbo RMBS Performance Improves - Foreclosure timelines lengthening...
The Litton acquisition resulted in an increase in loans that ... limited time to influence the performance of the Litton portfolio since the acquisition." next story back to
www.mortgagedaily.com/MbsPerformance032212.asp
10. Best Mortgage Employers - Quicken highest ranking mortgage firm | Jan. 22, 2012 | ...
Intuit, was ranked 19th on the list of best employers. No. 33 on the list was Goldman Sachs -- which unloaded its Litton Mortgage unit in September 2011 to Ocwen Financial Corp.
www.mortgagedaily.com/BestEmployers012212.asp
11. BofA Moves Backwards With HAMPs - Servicers increase active permanent modification...
BofA in the prior report. That worked out to a loss of 12,245 HAMPs from October. Litton Loan Servicing, which had ... pulled from the November data. Litton was acquired by Ocwen, which
www.mortgagedaily.com/HampPerformance011812.asp
12. Mortgage Merger Lawsuits - Third-Quarter 2011 Mortgage Litigation Index | Jan. 9, ...
Sachs Bank USA; Litton Loan Servicing, LP New ... Ocwen, Goldman Sachs, and Litton Loan Servicing, requiring Goldman ... servicing subsidiary. Goldman acquired Litton in 2007 now seeks
www.mortgagedaily.com/MergerLawsuits010912.asp
13. Mortgage Servicing Lawsuits - Third-Quarter 2011 Mortgage Litigation Index | Jan. ...
Sachs Bank USA; Litton Loan Servicing, LP New ... with Ocwen, Goldman Sachs, and Litton Loan Servicing, requiring Goldman Sachs ... s loan history. Casey v. Litton Loan Servicing LP 1:11
www.mortgagedaily.com/ServicingLawsuits010912.asp
14. Foreclosure Litigation - Third-Quarter 2011 Mortgage Litigation Index | Jan. 9...
Litton for robo-signing and mishandling borrower's loan history. Casey v. Litton Loan Servicing ... Sachs Bank USA; Litton Loan Servicing, LP ... Sachs, and Litton Loan Servicing,
www.mortgagedaily.com/ForeclosureLawsuits010912.asp
15. Modification Lawsuits - Third-Quarter 2011 Mortgage Litigation Index | Jan. 9...
Sachs Bank USA; Litton Loan Servicing, LP New ... Ocwen, Goldman Sachs, and Litton Loan Servicing, requiring Goldman ... servicing subsidiary. Goldman acquired Litton in 2007 now seeks
www.mortgagedaily.com/ModificationLitigation010912.asp
16. Mortgage Compliance Lawsuits - Third-Quarter 2011 Mortgage Litigation Index | Jan....
Sachs Bank USA; Litton Loan Servicing, LP New ... Ocwen, Goldman Sachs, and Litton Loan Servicing, requiring Goldman ... servicing subsidiary. Goldman acquired Litton in 2007 now seeks
www.mortgagedaily.com/ComplianceLawsuits010912.asp
17. Subprime Servicers See Ratings Upgrades and Downgrades - Action taken on ratings...
HomEq serviced around $28 billion at the time. Ocwen acquired Litton Loan Servicing LP from Goldman Sachs three months ago. That deal increased its servicing portfolio by around $
www.mortgagedaily.com/ServicerRatings122111.asp
18. Monthly HAMP Volume Nearly Doubles - 29,643 modifications completed under program ...
Wells was 100,357. After that was CitiMortgage Inc.'s 1,990 HAMPs, up from the previous month's 784, then Litton Loan Servicing LP, which pushed volume up to 1,085 from a negative
www.mortgagedaily.com/HampPerformance110311.asp
19. Acquisition Could Create Top-10 Servicer - Ocwen to acquire Saxon | Oct. 24, 2011 ...
Litton, which serviced $41 billion. In its third-quarter earnings ... Ocwen said that its mortgage servicing portfolio including the Litton loans stood at $106.1 billion as of Sept
www.mortgagedaily.com/SaxonSale102411.asp
20. MBS Litigation Tsunami hits Financial Firms - FHFA files 17 MBS lawsuits | Sept...
Board and sold off Litton Loan Servicing LP -- also faces an FHFA lawsuit. The other lawsuits were filed against Barclays Bank PLC, Credit Suisse Holdings (USA) Inc., Deutsche
www.mortgagedaily.com/LawsuitsFhfa090211.asp
21. Goldman Hit With Fed Order Over Foreclosures - Federal Reserve Board issues...
Litton Loan Servicing LP to ... servicing and foreclosure processing at Litton -- which was sold to Ocwen ... independent consultant to review Litton's foreclosure proceedings that
www.mortgagedaily.com/GoldmanOrder090111.asp
22. HAMP Volume Sinks - 18,403 permanent HAMP modifications completed in July | Sept. ...
Litton Loan Servicing LP, which Ocwen acquired today from The Goldman Sachs Group Inc., completed 173 HAMPs in July. CitiMortgage Inc. closed 414 modifications in July, then 399
www.mortgagedaily.com/HampPerformance090111.asp
23. Goldman Agrees to Write Down Principal - NY banking department enters agreement...
Goldman, Litton and Ocwen Sept. 1, 2011 ... Goldman Sachs Group Inc.-subsidiary Litton Loan Servicing LP, and Ocwen ... New York-based Goldman acquired Litton in 2007 from Credit-Based
www.mortgagedaily.com/SettlementNY090111.asp
24. Home Lending Tumbles - Q2-2011 Mortgage Origination Ranking | Aug. 8, 2011...
An upcoming acquisition of Litton Loan Servicing LP by Ocwen Financial Corp. could poise Atlanta-based Ocwen to break into the top 10 mortgage servicers. Mortgage Lender Ranking
www.mortgagedaily.com/PressRelease080811.asp
25. Obama Penalizes 3 Servicers that Produced Nearly Half of HAMPs - HAMP payments to ...
Ocwen announced plans to acquire Litton Loan Servicing LP from The Goldman Sachs Group Inc. Litton, like Ocwen, is among the 10 biggest HAMP servicers. next story back to current
www.mortgagedaily.com/HampServicers060911.asp
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