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Deadly Clear 
It’s pretty bad for Ocwen, a fast growing non-bank servicer, to now be in default with hedge fund. I wouldn’t be surprised if Nationstar is on the list to follow Ocwen’s footsteps. This is what the regulators and government get for falling asleep on the wheel to allow the big banks to dump their crappy and toxic loans to the non-bank servicers in order for the big banks to clear up their portfolios. if the government feel that they have huge headaches over the big banks’ continued violations, then the non-banks’ continued violations are much worse.
GETS BETTER !! THEY”RE PILING ON!!!
http://www.gibbsbruns.com/certificateholders-issue-notice-of-non-performance-identifying-alleged-failures-by-ocwen-financial-corporation-as-servicer-or-master-servicer-to-perform-covenants-and-servicing-agreements-in-119-residential-mortgage-backed-securities-trusts-01-23-2015/