CFPB, Florida Sue Ocwen For Mortgage Servicing Issues – Law360

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NEW YORK (AP) – State and federal authorities have sued mortgage. to endure costly servicing errors and unfair practices,” Florida Attorney General Pam Bondi said in a statement. Ocwen has been in.

Florida AG also alleges widespread servicing failures at Ocwen, sues the bank Posted on April 21, 2017 | 1 Comment 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 misconduct."

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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’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.

Law360, New York (April 21, 2017, 5:18 PM EDT) — Ocwen Financial Corp. shareholders sued the mortgage servicer in Florida federal court. working to comply with mortgage servicing regulations,

In a 93 page complaint recently filed in Southern District of Florida, the Consumer financial protection bureau alleged that Ocwen Financial Corporation, Ocwen Mortgage Servicing, Inc. and Ocwen.

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CFPB’s complaint, filed in federal district court for the Southern District of Florida, seeks a court order requiring Ocwen to follow mortgage servicing law, provide relief for consumers, and pay penalties. The complaint is not a finding or ruling that the defendants have violated the law.