Greg F. Colbourne v. Ocwen

Greg F. Colbourne appeals the district court’s affirmance of the bankruptcy court’s denial of Colbourne’s motions to value the claims of Deutsche Bank; claims asserted through Ocwen Loan Servicing, LLC (“Ocwen”). 1 In his motions, Colbourne sought to cram down Ocwen’s first-priority mortgage liens on two investment properties, pursuant to 11 U.S.C. §§ 506(a) and 1325(a)(5). No reversible error has been shown; we affirm.

In August 2009, Colbourne filed a Chapter 7 bankruptcy case in which he listed both Ocwen claims. Colbourne received a discharge. The Chapter 7 case was closed as a “no asset”…