Volume 2014 - Number 1
January 9, 2014
State AGs and CFPB Settle with Ocwen, Suggest More Servicing Oversight Deals Are in the Works
State attorneys general and officials at the Consumer Financial Protection Bureau suggest that their settlement in December with Ocwen Financial doesnt end their quest to reform the industry. We are not out of the woods yet, and we will not be until all mortgage servicers understand that they must step up and toe the line, said Richard Cordray, the director of the CFPB. The top five servicers have now agreed...
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