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Home » Store » Servicing » Ocwen Settles Massachusetts Case; Ditech Slides Deeper

Ocwen Settles Massachusetts Case; Ditech Slides Deeper

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Servicing

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Ocwen Financial, the nation’s 12th largest servicer, has reached a civil settlement with the Massachusetts Office of the Attorney General, to resolve a complaint filed by the state in 2017. As part of the agreement, Ocwen will make a $675,000 payment and provide relief to residential borrowers. The Massachusetts AG said the settlement involves total restitution of $2 million. The AG alleged that Ocwen committed “widespread mortgage servicing violations that increased Massachusetts ...
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