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 Corp. in Florida federal court alleging that the firm’s servicing database is riddled with inaccuracies and incomplete information that resulted in wrongful.
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On our side, we don’t need a government mandate if enough associations are willing to work with hams voluntarily." At some point in the future, HFA Members will review how much progress is being made.
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West Palm Beach, Florida-based Ocwen is one of the nation’s largest nonbank mortgage servicers, servicing almost 1.4 million loans in all 50 states with an aggregate unpaid principal balance of $209 billion. Ocwen specializes in servicing subprime or delinquent loans.