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 Mortgage Production segment includes PHH Home Loans, which is a joint venture that it maintains with Realogy Corporation. The Company owns approximately 50.1% of PHH Home Loans through its subsidiaries and Realogy owns the remaining approximately 49.9% through their affiliates. The Company's Mortgage Servicing segment services loans on behalf of the owners of the underlying mortgage, and the Company has limited exposure to credit risk.