Ocwen Ordered To Hire Compliance Monitor

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.

  • 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. The regulator made the demand after it said it found indications that the firm ...

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