Monitor Expresses Doubts About Servicer’s Internal Review Group for Settlement

first_img Previous: Home Price Appreciation Gives Institutional Investors Incentive to ‘Cash Out’ Next: Tax Provisions Covered By New Senate Bill Include Mortgage Deductions Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Monitor Expresses Doubts About Servicer’s Internal Review Group for Settlement Share Save Home / Daily Dose / Monitor Expresses Doubts About Servicer’s Internal Review Group for Settlement Data Provider Black Knight to Acquire Top of Mind 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Demand Propels Home Prices Upward 2 days ago Ocwen Financial Corporation has come under fire again, attracting scrutiny this time from the overseer of 2012’s National Mortgage Settlement.In an update on his continued oversight of the landmark agreement, Joseph Smith Jr. revealed doubts about the internal review group Ocwen is using to monitor the company’s compliance with settlement terms. Ocwen falls under Smith’s supervision due to its acquisition of mortgage servicing rights from a unit of Ally Financial, one of the original banks included in the settlement.Smith said his team launched an investigation in May after hearing from an employee about “serious deficiencies in Ocwen’s internal review group process.” The investigation included interviews with nine company executives and employees and a review of thousands of documents, he said.”As a result, I retained an independent auditing firm to review and retest the Ocwen internal review group’s work,” Smith said in his announcement. “This work is ongoing, and I will report on Ocwen’s performance for the period covered in these reports when it is complete.”The monitor also said that he has taken steps to strengthen the review process of all servicers’ review groups, including adding employee interviews, additional reviews at various steps in the testing process, and the establishment of an ethics hotline so that whistleblowers can easily and anonymously report concerns.Smith said he has also engaged with the Atlanta-based firm about concerns over its backdating of customer notices. The same independent firm has been tasked with determining the scope of that issue and evaluating the reliability of Ocwen’s systems.”Many [National Mortgage Settlement] standards and metrics have timeline requirements, so it was important to me to investigate Ocwen’s work in this area,” he said.According to the report, Ocwen has cooperated throughout both investigations and has agreed to five remedial actions to date.In a statement, Ocwen CEO Ronald Faris said the company will continue to work to ensure it is fully compliant with all aspects of the settlement.”We are committed to delivering best-in-class servicing as we work to help struggling borrowers keep their homes,” he added.Smith’s report also included an update on Ocwen’s consumer relief progress under the settlement terms. Through September 30, the company self-reported that it has completed $1.5 billion in first-lien principal reductions to borrowers. The monitor has yet to credit those numbers toward the company’s obligations. Related Articles Compliance National Mortgage Settlement Ocwen 2014-12-17 Tory Barringercenter_img Tagged with: Compliance National Mortgage Settlement Ocwen Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Tory Barringer Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post December 17, 2014 961 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Subscribelast_img read more

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ACU Donates $30,000 To Support JBLM Soldiers

first_imgFacebook0Tweet0Pin0 Submitted by America’s Credit UnionNovember 2nd 2012 was the 12th Annual Turkey Shoot, America’s Credit Union’s (ACU) charity golf tournament. The funds raised were donated to support our troops in three dynamic ways. ACU gave $10,000 each to Santa’s Castle, The Madigan foundation and The Food Basket program on JBLM.Ken Leonard, ACU’s President/ CEO, said “thanks to the generosity of our sponsors we can help feed the soldiers, support them through the holidays and help them when or if they become wounded.”With the funds raised from the Turkey Shoot, over the past 12 years ACU has been a part of providing Christmas to over 20,000 children, food for over 15,000 families, and health related programs that our JBLM community needs and relies on.Every year ACU contributes approximately $160,000 to programs for soldiers, their families and our surrounding community, however this is a separate endeavor. The money raised by the Turkey Shoot over the past 12 years has totaled an additional $225,000. This year’s community supporters are:  Northwest Motorsport, Tacoma Dodge, Designer Decal, Immedia,  MAROA publishing, Print NW, Northwest BMW, Albers & Company, CUNA Mutual, Cook Security Group, O Bee Credit Union, Renton Collections, Car Pros, Lakewood Ford, St. Martin’s University, COINFORCE, Armed Forces Bank, Sound Credit Union, AUSA, Boom Creative, Bruce Titus Automotive Group, Julie Swenson – Legacy Group, Olympia Auto Mall, CU Direct, Dan Koch – New York Life Insurance, INSI,  Merit Construction Northwest, National University Golf Academy, American Legion 161, Patriots Landing, Raddon Financial Group, The Ranger and Airlifter, Shannon & Associates, Sullivan Painting, Canon Construction, The Madigan Foundation, University of Phoenix, Riverside Ford, Clear Channel Outdoor, Cudl,  Walmart-Lakewood Store, Signs By Tomorrow, Hotel Murano, Hampton Inn and Suites, Tacoma Chiropractic, Forza Coffee in Dupont, Amy Remington – Guild Mortgage, Advantage Hole in One, Allied Solutions, American Lake Credit Union, Demitri’s Gourmet Mixes, Cuenca & associates, Oberthur Technologies, Baydo’s Chevrolet, Lacey Creek Catering.last_img read more

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GRADED STAKES WINNING SAN ONOFRE TAKES ON TOP MARE SUNDAY RULES IN SATURDAY’S $150,000 DONALD VALPREDO CALIFORNIA CUP SPRINT

first_imgSIX FURLONG SPRINT ONE OF FIVE STATEBRED STAKES ON SANTA ANITA’S ANNUAL SUNSHINE MILLIONS DAY ARCADIA, Calif. (Jan. 27, 2016)–Trainer Karen Headley’s graded stakes winning San Onofre will square off with top distaffer Sunday Rules as they headline Saturday’s $150,000 Donald Valpredo California Cup Sprint at Santa Anita. The Sprint, to be run for the 26th time, attracted a field of seven older horses and will be contested at six furlongs. The Sprint is one of five stakes restricted to horses bred or sired in California on Santa Anita’s annual Sunshine Millions Day.A “blast off” sprinter with an abundance of natural speed, San Onofre exhibited a new dimension in winning the Grade III, 6 ½ furlong Midnight Lute Stakes here on Jan. 2, as he rated kindly in second positon early and rallied strongly under Alex Solis for a half length win.A 6-year-old gelding by Surf Cat who was bred in California by Headley’s father, veteran conditioner, Bruce Headley, and is owned by the family’s Matson Racing, San Onofre has five wins from 10 starts and is four for nine at Santa Anita. He has career earnings of $330,040.Regarded as one of the top California-breds in training, Nick Alexander’s homebred Sunday Rules will take on males for the first time in her ninth career start on Saturday. Forced to miss last Saturday’s Grade II, seven furlong Santa Monica Stakes due to a minor ailment, the 5-year-old Tribal Rule mare was a brilliant 4 ¼ length winner of the 6 ½ furlong Kalookan Queen Stakes here on Dec. 30 and is in search of her third consecutive victory.Out of the General Meeting mare Sunday Dress, Sunday Rules has seven wins from eight starts and is undefeated in two tries at six furlongs. She has earnings of $444,840.Rockingham Ranch’s Richard’s Boy, a two-time minor stakes winner, has an impressive resume that includes six wins from eleven starts. Trained by Peter Miller, the 4-year-old Idiot Proof gelding has earnings of $307,510.The complete field for Saturday’s Donald Valpredo California Cup Sprint, to be run as the sixth race on 10-race card, with jockeys and weights in post position order: San Onofre, Alex Solis, 126; Solid Wager, Victor Espinoza, 124; Old Man Lake, Tyler Baze, 121; Richard’s Boy, Flavien Prat, 124; Raised a Secret, Santiago Gonzalez, 124; Sunday Rules, Edwin Maldonado, 119, and Pay the Fine, Mario Gutierrez, 121.                First post time on Saturday is early, at 12 noon. Admission gates open at 10 a.m.last_img read more

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Draymond Green explains DeMarcus Cousins, provides grist for a killer alternative nickname

first_imgClick here if you’re having trouble viewing these videos on a mobile device.If you liked our report regarding Draymond Green’s recent appearance on a podcast hosted by Portland Trail Blazers guard CJ McCollum, this is your lucky day.There was so much on that bone that we saved some for leftovers. Today’s take: DeMarcus Cousins.Green forged a bond with Cousins shortly after Boogie signed with the Warriors this past summer. Perhaps it’s because they are cut from the same cloth: big, strong, …last_img read more

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Der Turm – La Torre — Geocache of the Week

first_imgDifficulty: 1.5 Terrain:1.5 Location:Trentino–Alto Adige, ItalyN 46° 48.682′ E 010° 32.235′ SharePrint Related[Chrismod75] US Army base (GC3J2M4) — Geocache of the WeekJuly 23, 2015In “Geocache of the Week”Stonehenge in the Desert — Geocache of the WeekJuly 25, 2018In “Community”Cinque Terre – Monterosso-Vernazza — Geocache of the WeekDecember 5, 2018Similar post TraditionalGC1CYGDby SimFloGecenter_img You’ve heard the story of Atlantis, a legendary city engulfed by the waves, never again to emerge. But you might not know of another submerged city, Curon, located near the Austrian border in Italy. Submerged in 1950, the town exists now only in the memories of its former inhabitants, and as one lone church steeple emerging defiantly from the water. You can pay homage to the sunken metropolis (no scuba gear required) when you find Der Turm – La Torre, our Geocache of the Week.In the late 1930s, demand for a source of renewable electricity was on the rise. At the time, the Italian government made the decision to build a dam to harness and generate electricity for northern Italy. There was only one catch—creating the new lake would flood the tiny village of Curon. The lonely tower. Image by xentiscarbon.Despite plans being put on hold for war, construction of the dam finished in 1950, sinking 163 homes beneath the waters of the newly created Lago di Resia. The lake itself is 22 m (72 ft) deep, meaning all houses and stores were fully submerged. The only building still visible to mark the former city is the church tower. Constructed in the fourteenth century, this tower has truly withstood the test of time. It is routinely restored and has become a poignant symbol of the local area.Image by Leopanther.The cache itself lies on the banks of the Lago di Resia—no swimming is required. Parking is available, as the demand of tourists evolved into a source of income for the displaced former residents of the sunken city. Image by Encio22.In the spring and summer, beautiful wildflowers bloom along the banks close to the cache, and in the winter you can venture right out onto the frozen lake at your own risk for an up close and personal encounter with the tower.Image by Fluffy_KoalaThe bells were removed from the tower a week before the town was flooded. But, if you visit in winter, make sure to listen for a ghostly pealing that locals say still rings out across the frozen valley.The tower in winter. Image by Die_Alchemisten.Continue to explore some of the most amazing geocaches around the world.Check out all of the Geocaches of the Week on the Geocaching blog. If you would like to nominate a Geocache of the Week, fill out this form. Share with your Friends:Morelast_img read more

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WatchKnow Brings Educational Vids (Plus Games & More) for Kids

first_imgFrom one of the creators of Wikipedia comes a new resource for students and educators: A web-based directory of videos designed to be searchable, reliable, and conductive to better learning for all.According to executive director Larry Sanger‘s blog, WatchKnow is “deliberately flying under the radar now, because we want to make a big first impression — launch should be early this fall… I don’t know if it will be ‘the next big thing.’ Considering how everybody’s trying to make the next big thing, it seems unlikely. But I do hope it will be really useful to school kids, teachers, and parents.”The discovery process for finding truly useful, age-appropriate, and on-topic educational videos online can be time-consuming and painful. WatchNow’s index is organized by topic and searchable, making discovery lightning fast and one-click simple. Although still “very beta,” as we like to say of newer apps with great concepts but under-construction back ends, the site offers a world of potential for tutors, lesson-planning teachers, parents, and students alike.The site focuses on aggregating and organizing rather than hosting videos. The stated goals include providing instant tutoring for students and fresh material for teachers. As the site states, Like it or not, school children in developed countries get a lot of their information from video and also from the Internet. You can complain, or you can deliver knowledge to where they spend their time.” We wholeheartedly agree.Searches on the site yield specific videos as well as topic categories, when applicable. Searches can also be run and results returned for YouTube and other video sites. jolie odell A toolbar feature allows users to add videos instantly from other video sites, YouTube in particular. The site also states, “It will also be possible to drag and drop videos into the Directory, making categorization as easy as possible. We think that the addition of these two tools will make WatchKnow unusually easy to edit.”Other types of media the site will collect include Flash animations, games, slide shows, and other software.We would love to see the site implement recommendations for further reading and watching, and the UI definitely needs work. But the site is young, and being a collaborative, open project, we’re sure that beta testers and other participants will help make the prodcut top-notch by the official launch date. A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Related Posts Why Tech Companies Need Simpler Terms of Servic… Tags:#start#startups 8 Best WordPress Hosting Solutions on the Marketlast_img read more

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Top Careers Advancing the IoT Industry

first_imgSmall Business Cybersecurity Threats and How to… As we’ve seen with big data, the largest companies will be leading the charge in IoT, as they have the budgets to hire specialized staff and keep new departments running. Chief IoT Officer is a new role that could potentially become the next data scientist—lots of companies are thinking of hiring one in the coming years. These professionals oversee IoT operations, create strategy, and monitor the company’s efforts.Because the role is so new, there aren’t many guidelines for education requirements or salary. However, based on what we know from data scientists, most Chief IoT Officers will need a strong background in IoT and programming, and will likely need a master’s degree. Salary ranges will probably be similar to data scientists—from the low to mid $100,000s. Related Posts Software Engineer IoT devices require both hardware and software to run, and software engineers are the architects behind this new software. They apply creativity and logic to develop underlying systems or applications for computers and devices.Software engineers typically have a bachelor’s degree at a minimum, with many employers preferring a master’s degree. Median pay is $103,560. The IoT relies on strong networks, and the demand for computer network architects to design and maintain these systems will only grow. In this position, architects are always looking for ways to make networks faster and more secure.One of the perks of becoming a computer network architect is that most positions only require a bachelor’s degree. However, many companies are also looking for a number of years of experience in another computer-related field. The average salary for this position is $101,210. The line between a web developer and a web development engineer can be a fine one, and typically depends on education level. Web development engineers build web applications, writing the code that allows IoT devices to run.Generally, web development engineers can get by with a bachelor’s degree. However, some positions require more education. A typical salary is around $108,877 annually. Chief IoT Officer Internet of Things Makes it Easier to Steal You… Tags:#Internet of Things#IoT If you’re like most people in the tech industry, then you’re probably excited that the Internet of Things is finally becoming reality. There’s still a long way to go, of course, but the number of IoT devices that are now connected is getting larger all the time. Worldwide, the IoT market is expected to grow from $157 billion to $457 billion in 2020.IoT is impacting all kinds of industries already, especially manufacturing, healthcare, and transportation. Transportation is a growing issue that due to increased urbanization, and smart public transportation will be key to easing congestion in cities and ensuring everyone can catch a ride—ridership grew by 37.2% from 1995 to 2013. IoT devices will be instrumental in managing population concentration as urbanization grows further.With these kinds of challenges facing our world, it’s essential that IoT advances to help overcome them in the next few years. If you want to make an impact in these industry, these 5 key careers are the driving force behind IoT advancement.center_img Ryan Ayers is a researcher and consultant within multiple industries including information technology, blockchain and business development. Always up for a challenge, Ayers enjoys working with startups as well as Fortune 500 companies. When not at work, Ayers loves reading science fiction novels and watching the LA Clippers. IoT Business Designer Ryan Ayers What we’re coming up against now in the world is need for IoT solutions without the tech. That’s the role of an IoT business designer: discovering a company’s IoT needs, and coming up with the right solution for the development and engineering departments to create. These professionals need to be able to anticipate future needs and have a pragmatic outlook on what the company’s needs really are.As another new position, education requirements and salary are not clear yet, as there are few positions to reference. However, this important career will almost certainly require a bachelor’s degree at a minimum, plus relevant experience. Salary range might be in the low to mid 100,000s. Computer Network Architect Companies are Preparing—And You Should TooIf you’re thinking about going back to school to prepare for a career in IoT advancement, now is the time. About 94% of businesses polled are looking ahead to the future and investing in assets they’ll need when more widespread IoT use is the norm.Getting the skills you need now will mean that when companies start hiring, you’ll be ready to come right in and get to work on the next big thing in IoT. Follow the Puck Web Development Engineer Top 5 Areas Where Companies Want IoT Solutionslast_img read more

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Probe sowing of banned GM seeds by farmers in Akola, Centre tells Maharashtra

first_imgThe Union government has sought an action taken report from the State over the incident of illegal sowing of unauthorised Herbicide Tolerant (HT) Bt cotton at Maharashtra’s Akoli Jahangir village in Akola district. Hundreds of farmers under the leadership of Shetkari Sanghatana had on Monday joined in what they termed as the ‘civil disobedience’ movement to protest central government’s indecisiveness in approving the next generation of Genetically Modified (GM) cotton by sowing the seeds of the illegal HTBt cotton.Richa Sharma, Joint Secretary, Ministry of Environment, Forest & Climate Change has written to Chief Secretary Ajoy Mehta to order an investigation and verify facts on ground. “I request you to immediately order an investigation and verify the facts on ground and also conduct gene/event specific testing for suspected illegal cultivation of Genetically Modified (GM) crops. Appropriate action may be taken to stop any illegal GM cultivation in accordance with the Rules for the Manufacture, Use/Import/Export and Storage of Hazardous Micro Organisms/ Genetically Engineered Organisms or Cells (1989),” said the letter. It asked to submit an action taken report to the ministry at the earliest. The letter was sent as a response to the complaint made by Rajesh Krishnan on behalf of Coalition of GM-free India. “We had filed the complaint even before the actual sowing of seed took place. We had alerted the government to stop this, but they did not. Hopefully action will be taken now,” he told The Hindu. Meanwhile, another action of deliberate planting of unauthorised HTBt Cotton seeds was undertaken by the Shetakri Sanghatana on Thursday in Ahmednagar’s Shrigonda district. Mahadev Khamkar, a farmer claimed he is ready to undergo imprisonment if need be, but would no longer slyly plant the HTBt Cotton seed.last_img read more

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Matt Nieto bloodied after collision with Ben Mbala

first_imgFor the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Kammuri turning to super typhoon less likely but possible — Pagasa Brace for potentially devastating typhoon approaching PH – NDRRMC Kris Aquino ‘pretty chill about becoming irrelevant’ LATEST STORIES Matt Nieto incurred a cut above the left eye and laid down bloodied after a collision with Ben Mbala. Photo by Bong Lozada. INQUIRER.netBen Mbala literally drew the first blood in this heated Game 1 affair between La Salle and Ateneo in the UAAP Season 80 men’s basketball Finals on Saturday.Matt Nieto was on the receiving end of an inadvertent elbow late in the first half which left him bloodied and writhing in pain on the floor.ADVERTISEMENT Trending Articles PLAY LIST 00:50Trending Articles02:36Archers, Eagles favorites to win UAAP Season 8000:50Trending Articles01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA With the Blue Eagles leading the Green Archers, 43-39, at the 36.6 second mark of the second quarter, Mbala had a hard time wiggling out of Kris Porter’s defense in the paint which led to him spinning to his right and inadvertently hitting Nieto with his right elbow straight to the face and cut him above the left eye.Matt Nieto down and bloodied after collision with Ben Mbala. Looked like an elbow but its Nieto who is called for the foul. pic.twitter.com/67rSwwq2kMFEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout— Cedelf P. Tupas (@cedelfptINQ) November 25, 2017 MOST READ QC cops nab robbery gang leader, cohort Stronger peso trims PH debt value to P7.9 trillion Nieto was called for a blocking foul in the play as Mbala canned his freebies.The blue side of the crowd didn’t shy away from expressing their displeasure, with Nieto’s father Jet seen being restrained by some members of the audience.Ateneo is still on the driver’s seat, 43-39 against La Salle at the half as of press time.ADVERTISEMENT Read Next Japan ex-PM Nakasone who boosted ties with US dies at 101 LeBron wants teammate Rose to be ‘happy with whatever decision he makes’ Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. View commentslast_img read more

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Realme X India launch expected next month, tipped to come with Spider-Man-themed case

first_imgThe Realme X is set to launch in India soon. Realme CEO Madhav Sheth said earlier that the phone will come to the country in the second half of 2019, and has now changed his Twitter name to ‘Madhav X’ which seems to suggest the Realme X’s imminent launch in India. It now seems the company could be tying the launch of the Realme X with the release of Spider-Man: Far From Home to build some hype.As per a report by 91Mobiles, Realme is collaborating with Marvel’s upcoming Spider-Man: Far From Home movie for the Realme X. The collaboration will see a special Spider-Man-themed Realme X case that could be sold is bundled special edition box or separately. Spider-Man: Far From Home will hit theaters in India on July 4, which suggests that Realme X could launch soon after.The Realme X was first announced in May to mark the company’s entry in China. It touts a bezel-less, notch-less AMOLED display with a pop-up selfie camera and a Snapdragon 710 chipset. Sheth confirmed that the Indian variant of the Realme X may launch with some different hardware as it will be priced higher than the Realme 3 Pro at around Rs 18,000.It is speculated that the company will launch the Realme X in India with a Snapdragon 730 processor to justify its higher price tag. It may come with a few more upgrades, but nothing is known as of now.The Realme X sports a 6.5-inch FHD+ (2340×1080) AMOLED display and a 3D curved glasstic rear panel. The pop-up camera houses a 16-megapixel sensor. On the back, the Realme X features a 48-megapixel Sony IMX586 primary camera along with a 5-megapixel secondary camera for depth sensing. The device houses a 3,765mAh battery and supports VOOC 3.0 flash charging. It will ship in India with Android 9 Pie-based ColorOS 6.advertisementALSO READ | Realme X quick review: Notchless display, snappy performance and ready for Indialast_img read more

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