New CFPB against. Ocwen. Into Consumer Financial Safeguards Bureau (CFPB) submitted suit against Ocwen Economic Corporation, Ocwen Mortgage Upkeep, INC., and Ocwen Financing Maintenance, LLC. In the it is ailment significantly less than Parts 1054 and you can 1055 of your Consumer Monetary Coverage Work out of 2010 (CFPA), a dozen You.S.C. 5564 and 5565, the brand new CFPB reported that They (Ocwen) the time multiple violations away from Government consumer monetary statutes with harm borrowers. Ocwen has combined such disappointments from the dishonestly foreclosing on borrowers’ money and you can selling financing upkeep liberties so you can servicers without totally revealing or repairing mistakes when you look at the borrowers’ loan data files. We’re going to see clearly less than the CFPB compared to. Ocwen fit provides starred away as well as how Ocwen features harm its clients.
877-241-2200 today to discuss any problems you may have had with a mortgage lender and/or servicer and find out if we can help you in filing an individual lawsuit against them.