CFPB, Florida Sue Ocwen For Mortgage Servicing Issues – Law360

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CFPB, Florida Sue Ocwen For Mortgage Servicing Issues. Share us on: By Evan Weinberger. Law360, New York (April 20, 2017, 5:02 PM EDT) – The Consumer Financial Protection Bureau on thursday sued mortgage servicer Ocwen Financial CorpConsumer Financial Protection Bureau on Thursday sued mortgage servicer

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CFPB Promises Extra Scrutiny For Ocwen after Lawsuit.. Cordray pointed out that in less than a month, the Bureau’s new mortgage servicing rules will take effect and Ocwen, like other servicers.

Coverage of federal case Consumer Financial Protection Bureau v. OCWEN Financial Corporation, Inc. et al, case number 9:17-cv-80495, from Florida Southern Court.

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Law360, New York (April 20, 2017, 5:02 PM EDT) — The Consumer Financial Protection Bureau on Thursday sued mortgage servicer Ocwen Financial Corp. in Florida federal court alleging that the firm.

By Evan Weinberger. The Consumer Financial Protection Bureau on Thursday sued mortgage service company Ocwen Financial Corp in Florida federal court alleging that the firm’s servicing database is riddled with inaccuracies and incomplete information that resulted in wrongful foreclosure proceedings against around 1,000 families, the same day Florida filed a similar suit against the company.

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CFPB Sues Ocwen Over Lack of foreclosure protection. ocwen mortgage servicing, Inc. and Ocwen Loan Servicing, LLC, collectively "Ocwen" ".improperly calculated loan balances, misapplied.

The state of Florida also sued Ocwen, which is based in West Palm Beach, along with the company’s subsidiaries Ocwen Loan Servicing and Ocwen Mortgage Servicing, for "mortgage servicing.

Law360. Ocwen Financial Corp. has promoted an in-house attorney to be its next general counsel, the financial services holding company announced Wednesday, as it continues to battle a series of.