Ocwen's 'Excellent' Deal Over Mortgage Software Error OK'd

By Dorothy Atkins (January 27, 2017, 7:55 PM EST) -- A California federal judge said Friday she will approve Ocwen Loan Servicing LLC's $600,000 settlement resolving class action claims that it failed to apply certain mortgage payments to borrower accounts because of a software bug, calling the deal "an excellent result" for the roughly 9,000 class members....

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