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Home » Store » Taxable » Ocwen Vows to Fight Award In Texas Loan Servicing Case

Ocwen Vows to Fight Award In Texas Loan Servicing Case

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Ocwen Financial Corp. has vowed to fight a $1.8 million judgment in a lawsuit that centered around efforts to collect on a delinquent home improvement loan. In December, a jury in Galveston, TX, awarded more that $11 million to plaintiff Sealy Davis, who claimed that Ocwen mislead her during foreclosure proceedings on her $31,000 home improvement loan, withheld key information about her loan, and engaged in “unconscionable” acts. Among the key allegations made at…
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