Ocwen Financial is preparing to enter a settlement with state regulators similar to the $25 billion national servicing settlement. A person with knowledge of the negotiations said regulators are working on settlements with individual servicers as opposed to the multi-servicer agreement with five banks announced last year. “We look forward to finalizing this process, which we expect will occur very soon,” Ronald Faris, Ocwen’s president and CEO, said last week during an earnings call. The servicer said ...