Programming of HSBC Watch completed

Meeting another end-of-2011 goal Lender Watch recently completed reprogramming of HSBC Watch. The website was formerly located at householdwatch.com and the new domain name better reflects today’s visitor interests. Timothy Blake and Lender Watch have owned the domain name HSBCWatch.com for many years. Forums are Smart Phone Ready HSBC Watch forums have been transitioned and …

Bank layoffs might thrill Occupy Wall Street

A recent article on Equities.com by Brittany Barrett tells us which Wall Street Banks are laying off the most people. Our Lender watch articles reflect layoff announcements as they happened, but Barrett puts figures all in one place. You might find the results both interesting and revealing. Morgan Stanley (MS): The most recent of the …

Fitch Ratings downgrades Ocwen Financial

Here at Lender Watch we monitor companies that are heavy into subprime. Confirming our concerns today was a downgrade of Ocwen Financial by Fitch Ratings. In the past two years, Ocwen has executed numerous high-profile servicing acquisitions, including buyouts of Barclays’ HomEq platform and Litton Loan Servicing’s portfolio and operations. Ocwen has also acquired a …