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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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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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