William Erbey
William Erbey is an American businessman and the founder of Ocwen Financial Corporation. Erbey made billions during the subprime mortgage crisis by positioning Ocwen to take advantage of larger banks leaving the market; however, he later lost much of his wealth amid allegations of frequent legal violations and conflicts of interest by the company. In 2014, these conflicts of interest led to Erbey's resignation from Ocwen's board as part of a settlement with the New York Department of Financial Services.
Q43845
American businessman
Concept
Q7077162
Ocwen Financial Corporation
ORG
Q844541
subprime mortgage crisis
Concept
Q17018979
New York Department of Financial Services
ORG
Q81922775
William Erbey
PER
2014-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2014
DATE
occupation