Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
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Items Tagged with 'Wall Street'

ARTICLES

Lawsky announces 3 new areas of enforcement

NYDFS superintendent unveils plan at Columbia School of Law
Sarah Wheeler
NYFDS Superintendent Benjamin Lawsky spoke about financial regulation at Columbia Law School today and outlined three new areas his office will be looking at.
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Harvard study shows Dodd-Frank just made everything worse

Dodd-Frank? More like Dodd-Frankenstein
Trey Garrison
The Harvard Kennedy School of Business looked at Dodd-Frank and found that the cure sold by the snake oil salesmen — both in political office and the corner offices —was worse than the initial ailment.
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Ocwen Financial taking a beating in the ratings, on the Street

Ratings downgrades and falling stock follow NYDFS assault
Trey Garrison
Ocwen Financial is enduring a second day that looks like a UFC-level beat down on Wall Street as ratings agencies and investors turn on the firm after the New York Department of Financial Services dealt the nonbank firm yet another blow on Tuesday.
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Private equity firms fund Wall Street

Blackstone ranks as one of the highest fee-payers
Brena Swanson
Private equity firms are carving out a more prominent position in the financial market as investment banking fees continue to rise.
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SEC tells two Wall Street bond traders this isn't Monopoly

Accused of Free Parking
Brena Swanson
Two Wall Street traders are charged with involvement in a “parking” scheme that arranged for one to purchase several securities with the understanding that the other would repurchase them at a profit in order to skirt around company rules.
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NY AG appoints new investor protection chief

HousingWire Staff
New York Attorney General Eric Schneiderman appointed a new chief to lead the AG's Investor Protection Bureau. The group spearheads investigations related to the sale of mortgage-backed securities.
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Falling mortgage activity at banks could dampen 3Q earnings

HousingWire Staff
With third-quarter earnings right around the corner, rising rates and a sharp decline in refinancing activity could produce additional job cuts and worsen the already gloomy mood on Wall Street.
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Friday proves sluggish on Wall Street

HW 30 takes a dip to end week
Megan Hopkins
Friday proved a bit of a lull for all indices on Wall Street. The HW 30 index, for example, tumbled 0.25% on Friday.
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Jamie Dimon: Call me maybe?

HousingWire Staff
A financial writer answered his phone back in 2009 to surprisingly hear Jamie Dimon, JPMorgan Chase CEO, on the other end contesting a book review published a day earlier. Once a white knight on Wall Street, the writer’s criticism of the star banker has come to fruition.
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Six lessons remembered from the financial meltdown

Brena Swanson
Another financial crisis can be avoided if people learn from past mistakes. One commentator revealed a list of six lessons that should now be well planted in the minds of investors. One of the key lessons discussed: ignoring Wall Street’s optimistic forecasts.
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