September 06, 2017
Ocwen Financial Corp. on Wednesday agreed to a $1 million penalty for failing to meet metrics related to the termination of force-placed insurance that was required under a 2014 national mortgage servicing settlement, according to court filings.
October 23, 2015
Ocwen Financial Corp. in the last half of 2014 failed part of its first full-portfolio compliance review following the $25 billion National Mortgage Settlement, the monitor overseeing the deal told a D.C. federal court Thursday.
December 19, 2013
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.