CFPB Sues Ocwen getting A deep failing Individuals Throughout Financial Maintenance Processes

CFPB Sues Ocwen getting A deep failing Individuals Throughout Financial Maintenance Processes

Arizona, D.C. – An individual Monetary Coverage Bureau (CFPB) now prosecuted one of many nation’s premier nonbank home mortgage servicers, Ocwen Monetary Corporation, as well as subsidiaries getting failing consumers at each and every phase of your own financial repair procedure. The new Agency alleges that Ocwen’s years of extensive mistakes, shortcuts, and runarounds pricing some borrowers currency while others their homes. Ocwen presumably botched first characteristics including delivering particular month-to-month statements, securely crediting repayments, and you may handling taxation and you may insurance policies. (más…)

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