Ocwen slapped with penalty for improper foreclosures

August 08, 2019

Mortgage Professional America--Ryan Smith

Ocwen Financial Corporation has reached a settlement with the Maine Bureau of Consumer Credit Protection and the state attorney general to refund or credit $50,000 in attorney’s fees that the homeowners were assessed when their homes were foreclosed upon, pay $24,000 in civil penalties and $10,000 in investigative costs.

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