Entries by Brian Abelow

DEADLINE TO FILE CLAIMS IN OCWEN SETTLEMENT QUICKLY APPROACHING FOR FLORIDIANS

The Consumer Financial Protection Bureau settlement with Ocwen Financial to resolve allegations of mortgage servicing misconduct by Ocwen and its related companies provides for $2 billion in principal reduction for underwater homeowners. Additionally, the Settlement Agreement calls for payments in the amount of $125 million for borrowers whose homes were sold by Ocwen in foreclosure […]