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Ocwen Reaches $2B Deal In Mortgage Servicing Suit

By Juan-Carlos Rodriguez (December 19, 2013, 5:18 PM EST) -- Mortgage servicer Ocwen Financial Corp. on Thursday agreed to a $2.1 billion settlement with the federal government and 49 states over allegations it had engaged in "significant and systemic" misconduct at every stage of the mortgage servicing process....

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