like property attacks? That is for an insurance company to cover!
Little wonder that folks don't trust Wall St. These types of scams began in earnest when the credit default swaps (insurance written to pay back against a loss in the event of a default on a discrete bond issue) came to fruition. So the lender entices a borrower to take out a loan. The borrower, in this case Ocwen and /or HLSS. They agree to the loan and terms, with the understanding that neither this borrower or any of their consorts or affiliates will do anything to depress the value of the equity or harm the company in any way. Because if they do, their will be a cause for action against them. Just like a collection agency cant call your neighbors and tell them that you are a dead-beat and they need your cell phone number. Because your reputation will have been smeared, and that is out of bounds to the issue of collecting on a debt. Certain high profile cases presided over by certain NY Dist US Bnkruptcy judges in lower Manhattan have served to embolden these sharks over the past 10 years. But there is definitely a line that they must never cross- and it will be up to Ocwen and HLSS to determine if they want to pursue a legal remedy. The only other possibility is that someone (s) at Ocwen or HLSS is deliberately feeding info to these Hedge Funds and exacerbating the slide. Reason- they have cut a deal ahead of a bankruptcy filing to get paid for the workout, or in future reorg benefits a la shares in newco. I have no knowledge of the specifics in this case. But I would direct anyone to the Calpine and Delphi cases and google "zone of insolvency" as a good place to start on your research.
Look at their 10-K
I cant believe the idiots who are selling into this obvious bear raid. If I were a Saudi prince - this company would look pretty good right now. But if I were a Saudi Prince I wouldnt be wasting my time on this board either
WhatsApp was purchased for 19 Billion
A couple of days before FB bot WhatsApp Viber was bought for $900mm by Rakuten (Feb 13, 2014)
Go figure-- looks like to me FB overpaid, big-time!