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Ocwen Tees Up CFPB Constitutional Challenge To Avert Suit

By Cara Mannion (April 26, 2017, 3:16 PM EDT) -- Mortgage servicer Ocwen Financial Corp. took steps in Florida federal court Tuesday to challenge the constitutionality of the Consumer Financial Protection Bureau, in an effort to ditch the agency's allegations that its faulty servicing database resulted in wrongful foreclosure proceedings against at least 1,000 people....

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