Comments on: LPS moves to India … What could go wrong? https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 04 Dec 2025 15:53:28 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418110 Wed, 31 Jul 2013 22:48:32 +0000 https://4closurefraud.org/?p=60376#comment-418110 HSBC Bank

http://www.google.com/#gs_rn=23&gs_ri=psy-ab&cp=11&gs_id=1b&xhr=t&q=HSBC+Bank+India&es_nrs=true&pf=p&sclient=psy-ab&oq=HSBC+Bank+I&gs_l=&pbx=1&bav=on.2,or.r_qf.&bvm=bv.49967636,d.dmg&fp=bf052c0b02405963&biw=783&bih=328

etc., etc. Well, you know what I mean. They must have laws/rules there!

All a part of Obama’s job creation initiative to strengthen the middle class.

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418109 Wed, 31 Jul 2013 22:41:12 +0000 https://4closurefraud.org/?p=60376#comment-418109 Citibank

http://www.google.com/#gs_rn=23&gs_ri=psy-ab&cp=10&gs_id=11&xhr=t&q=citibank+india&es_nrs=true&pf=p&sclient=psy-ab&oq=citibank+i&gs_l=&pbx=1&bav=on.2,or.r_qf.&bvm=bv.49967636,d.dmg&fp=bf052c0b02405963&biw=783&bih=328

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418108 Wed, 31 Jul 2013 22:38:58 +0000 https://4closurefraud.org/?p=60376#comment-418108 Homeward Residential

http://www.google.com/#gs_rn=23&gs_ri=psy-ab&cp=24&gs_id=2w&xhr=t&q=Homeward+residential+India&es_nrs=true&pf=p&sclient=psy-ab&oq=Homeward+residential+Ind&gs_l=&pbx=1&bav=on.2,or.r_qf.&bvm=bv.49967636,d.dmg&fp=bf052c0b02405963&biw=783&bih=328

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418107 Wed, 31 Jul 2013 22:33:23 +0000 https://4closurefraud.org/?p=60376#comment-418107 In reply to neidermeyer.

Now, there’s a signature in response you can bank on! 🙁

]]> By: neidermeyer https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418105 Wed, 31 Jul 2013 21:37:44 +0000 https://4closurefraud.org/?p=60376#comment-418105 In reply to keepon.

Can we write to Linda Greene there?

]]> By: BOBBI SWANN https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418103 Wed, 31 Jul 2013 17:56:01 +0000 https://4closurefraud.org/?p=60376#comment-418103 Just my 2 cents worth but one of those articles above (keepon) is from Standard and Poors, one of the rating agencies that was ever soooo involved in the mortgage fraud. How could you possibly trust anything that comes from them? As to the Bloomberg article I find it hard to believe that US licensed workers in the appraisal division were eliminated. Really??!!! All appraisers have to be licensed to do appraisals and there’s not a single investor out there who would accept one that is not done by a state licensed appraiser! And all of the Bloomberg article is prompted by workers who were anonymous since they were not authorized to comment!!

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418099 Wed, 31 Jul 2013 14:56:00 +0000 https://4closurefraud.org/?p=60376#comment-418099 As part of our recent review, we examined Ocwen’s operations at its domestic servicing site in West Palm Beach, Fla., and its offshore servicing locations in Mumbai and Bangalore, India. Ocwen maintains most of its servicing staff offshore, which warranted on-site visits to gauge the abilities of those centers, particularly with regard to compliance with U.S. requirements and an understanding of U.S. borrower behavior.

http://www.standardandpoors.com/ratings/articles/en/us/?articleType=HTML&assetID=1245344276856

Standard & Poor’s believes that Ocwen’s Mumbai and Bangalore servicing sites are generally well managed and that proper internal controls are in place to mitigate the aforementioned risks, and these aspects support our ABOVE AVERAGE rankings. The offshoring of servicing staff presents some unique challenges, such as turnover

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418098 Wed, 31 Jul 2013 14:40:01 +0000 https://4closurefraud.org/?p=60376#comment-418098 http://www.bloomberg.com/news/2013-06-27/bank-of-america-said-to-send-property-reviews-to-india.html

Bank of America Corp. opened a unit in India to review home-valuation reports as it seeks to rebuild share in U.S. mortgages at a lower cost, said four people with knowledge of the move.

Workers in the new Bangalore office follow checklists to determine if appraisals are complete, said the people, who requested anonymity because they weren’t authorized to comment. The firm also eliminated jobs of licensed U.S. workers in its LandSafe business, the appraisal division of the Charlotte, North Carolina-based company, which made $78.7 billion in loans last year, the people said.

]]> By: keepon https://4closurefraud.org/2013/07/31/lps-moves-to-india-what-could-go-wrong/#comment-418097 Wed, 31 Jul 2013 14:00:32 +0000 https://4closurefraud.org/?p=60376#comment-418097 Is their address going to be the same as the Option One/AHM/AHMSI/Homeward Residential/Ocwen chameleon per chance?

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