New York's Ocwen Deal Sets Tough Precedent For Regulators
By Evan Weinberger ( December 22, 2014, 6:46 PM EST) -- New York regulators ordered Ocwen Financial Corp. to pay $150 million in hard cash and barred the company from claiming a tax deduction on the restitution payments in a mortgage servicing settlement that could set a new standard for regulators accused of being soft on the companies they penalize....
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