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 sale is slated to be finalized in the third quarter of 2010 following regulatory approval. Under terms of the deal, Ocwen will receive the mortgage servicing rights and the servicing platform of HomEq Servicing. For more information, visit www.ocwen.com or www.homeq.com.