Loancare Mortgage Servicing LLC posts wrong address on their own website

In an earlier article about Loancare Mortgage Servicing I questioned professionalism at Loancare. In a startling discovery relative to lack of professionalism at Loancare LLC, the postal service told me that the address for Loancare error notification is incorrect. “Expected Delivery Day: Thursday, December 15, 2016 Your item was forwarded to a different address at …

Ocwen Mortgage Subprime Servicing Now Number 1

Ocwen Financial Corporation, known to most Americans as either Ocwen Mortgage or Ocwen Mortgage Servicing, has plans to grow even larger. Ocwen is already the largest servicer of subprime mortgages. Here is the tie-in: Home Loan Servicing Solutions, a foreign investment firm designed to buy mortgage servicing rights from Ocwen Financial Corporation, is planning an …

Saxon Mortgage unit sold to Ocwen

First my Saxon mortgage went away when the home sold, and now Saxon Mortgage might go away all together. Nobody will miss this unprofessional, unorganized, and poorly run unit of parent company Morgan Stanley. Here is the news report released on October 25th, 2011: Oct. 25 (Bloomberg) — Morgan Stanley, the sixth-largest U.S. bank by …

Selling Morgan Stanleys Saxon Mortgage Services

There is a possibility that Saxon Mortgage Services could be gone all together. Personally I just want Saxon out of my life and will sell the home they service. A sale of the mortgage unit, which Morgan Stanley acquired in 2006 during the height of the housing bust, kicked off in the past several weeks. …