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Consumer Financial Protection Bureau v. OCWEN Financial Corporation, Inc. et al

  1. October 04, 2019

    Ocwen Says CFPB Suit Must End After Constitutionality Pivot

    Ocwen Financial Corp. told a Florida federal judge that the Consumer Financial Protection Bureau's lawsuit accusing the company of widespread mortgage servicing failures should be finished off for good now that the agency agrees its own structure is unconstitutional.

  2. September 05, 2019

    CFPB's Ocwen Servicing Suit Booted For Shotgun Pleading

    A Florida federal judge ruled Thursday that the Consumer Financial Protection Bureau's lawsuit accusing Ocwen Financial Corp. of widespread mortgage servicing failures suffers from shotgun pleading and must be thrown out, but the agency will get a chance to tidy up its complaint and sharpen some of its claims.

  3. March 11, 2019

    Ocwen Says 'Too Late' To Merge CFPB, Fla. Suits For Trial

    Ocwen Financial Corp. pushed back Friday in Florida federal court against a bid by the Consumer Financial Protection Bureau and state officials to combine their lawsuits over the company's servicing practices, saying regulators waited so long to propose consolidation that it's more likely to hurt than help at this point.

  4. February 21, 2019

    CFPB, Florida Regulators Want Their Ocwen Suits Merged

    The Consumer Financial Protection Bureau and Florida state regulators urged a West Palm Beach federal court on Wednesday to consolidate their lawsuits accusing Ocwen Financial Corp. of widespread mortgage servicing failures, saying the two cases overlap enough that it makes sense to combine them for discovery and on through any potential trial.

  5. June 25, 2018

    CFPB Loses Confidentiality Challenge Over Ocwen Responses

    A Florida federal judge on Monday denied the Consumer Financial Protection Bureau's challenge to confidentiality designations for discovery responses made by Ocwen Financial Corp. in litigation over allegedly wrongful foreclosure proceedings against at least 1,000 people, finding the responses contain "trade secrets."

  6. August 04, 2017

    DOJ Gets Say On CFPB Constitutionality In Ocwen Fight

    A Florida federal judge has ruled that the U.S. Department of Justice can weigh in on the Consumer Financial Protection Bureau's constitutionality as part of a battle between the bureau and mortgage servicer Ocwen Financial Corp., whom regulators have accused of causing wrongful foreclosure proceedings against at least 1,000 people.

  7. July 21, 2017

    CFPB Calls Ocwen's Constitutional Challenge A 'Strawman'

    The Consumer Financial Protection Bureau on Thursday urged a Florida federal court to reject mortgage servicer Ocwen Financial Corp.'s constitutional challenge to the bureau's structure, saying that the company was attacking a "strawman" to get out from a lawsuit over problematic servicing practices.

  8. May 03, 2017

    Ocwen Can't Expedite Constitutional Challenge, CFPB Says

    The Consumer Financial Protection Bureau told a Florida federal court Tuesday to deny Ocwen Financial Corp.'s attempt at fast-tracking its constitutional challenge against the agency's structure, saying the mortgage servicer shouldn't get special treatment in the case alleging it failed "every stage of the mortgage servicing process."

  9. April 26, 2017

    Ocwen Tees Up CFPB Constitutional Challenge To Avert Suit

    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.

  10. April 20, 2017

    CFPB, Florida Sue Ocwen For Mortgage Servicing Issues

    The Consumer Financial Protection Bureau on Thursday sued mortgage servicer Ocwen Financial Corp. in Florida federal court alleging that the firm’s servicing database is riddled with inaccuracies and incomplete information that resulted in wrongful foreclosure proceedings against around 1,000 families, the same day Florida filed a similar suit against the company.