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August 19, 2014

SEC Subpoenas Ocwen Regarding Business with Related Companies

By Brandon Ivey

Ocwen received a subpoena from the Securities and Exchange Commission and another subpoena from the SEC appears to be on the way.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results