Ocwen Ordered To Hire Compliance Monitor

05 Dec 2012

New York state’s Department of Financial Services has ordered Ocwen Financial to hire a compliance monitor for two years to ensure that the company meets its obligations in an agreement to reform servicing practices.

New York state’s Department of Financial Services has ordered Ocwen Financial to hire a compliance monitor for two years to ensure that the company meets its obligations in an agreement to reform servicing practices. The regulator made the demand after it said it found indications that the firm ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial