Motion for Judgment. A judgment is the official decision made by the court at the end of a lawsuit, criminal trial, or other legal proceeding. In certain cases, a party to the proceeding may make a âmotion for judgment, requesting that the court make a decision.
Ocwen Loan Servicing LLC to purchase HomEq. Friday, May 28, 2010 - 15:29. NationalMortgageProfessional.com. Ocwen Loan Servicing LLC is reported to be purchasing HomEq Servicing, the mortgage servicing business of Barclays Capital, for $1.3 billion.
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia. The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with Fannie Mae, Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market. This secondary mortgage market increases the supply of money available for mortgage lending and increases the money available for new home purchases.