Ocwen Chairman Forced Out In $150M NY Servicing Settlement
By Evan Weinberger ( December 22, 2014, 10:39 AM EST) -- Ocwen Financial Corp. Executive Chairman William C. Erbey on Monday stepped down from his position atop the nation's fourth-largest mortgage servicer due to allegations of "serious conflicts of interest" turned up by New York financial regulators as part of a broader $150 million settlement with the state....
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