Lee v. OCWEN Loan Servicing LLC et al

  1. September 14, 2015

    Ocwen, Assurant's $140M Force-Placed Deal Beats Objections

    A Florida federal judge on Monday issued final approval of a $140 million deal between homeowners, Ocwen Financial Corp. and Assurant Inc. over allegedly inflated force-placed insurance premiums, shooting down objectors' argument that requiring potential class members to file claims is an unnecessary impediment to recovery.

  2. June 05, 2015

    Ocwen, Assurant Deal Objectors Say 9th Circ. Is On Their Side

    Objectors to a $140 million deal between homeowners, Ocwen Financial Corp. and Assurant Inc. over allegedly inflated force-placed insurance premiums asked a Florida federal court Thursday to consider a Ninth Circuit ruling pointing to "subtle signs" that class counsel in that case skewed a settlement in their own interest.

  3. May 27, 2015

    Ocwen, Assurant Say $140M Forced-Placed Deal Is 'Generous'

    Ocwen Financial Corp. and Assurant Inc. on Tuesday fired back at objections to an "extremely generous" $140 million putative class action settlement in Florida federal court in a suit alleging the mortgage borrower inflated force-placed insurance premiums to provide kickbacks to the insurer.

  4. May 14, 2015

    Judge Wants Payout Info On Ocwen $140M Force-Placed Deal

    A proposed $140 million settlement of a suit alleging Ocwen Financial Corp. and Assurant Inc. ran a kickback scheme involving force-placed insurance hit a snag Wednesday, when a Florida magistrate judge ordered the disclosure of how much money class members would actually receive. 

  5. May 13, 2015

    Ocwen, Assurant's $140M Force-Placed Deal Draws Objections

    Two members of a federal class action in Florida objected Tuesday to a proposed $140 million settlement with Ocwen Financial Corp. and Assurant Inc. over an alleged kickback scheme involving force-placed insurance, questioning how that amount was reached and how it will be disbursed.

  6. April 28, 2015

    Ocwen, Assurant To Pay $140M To Settle Force-Placed Suit

    Ocwen Financial Corp. and Assurant Inc. have agreed to pay $140 million to settle a putative class action in Florida federal court with homeowners who say Ocwen artificially inflated the cost of premiums for forced-placed insurance in exchange for kickbacks from Assurant. 

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