LexisNexis® Legal Newsroom
$2 Billion Settlement by Mortgage Servicing Giant Ocwen Financial

Mortgage servicing giant Ocwen Financial Services has reached a national settlement over alleged improprieties by the company and its subsidiaries related to mortgage servicing and foreclosure practices. The settlement, following a joint investigation by the Consumer Financial Protection Bureau, state...

‘Insider Trading 2.0’ Investigation Leads BlackRock to Agree to End Its ‘Analyst Survey Program’

BlackRock – the world’s largest asset manager – has reached an agreement with New York Attorney General Eric T. Schneiderman under which it will permanently discontinue the practice of systematically surveying Wall Street analysts for their opinions on firms they cover. BlackRock is...