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States, CFPB sue Ocwen, company responds
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Consumer Protection
Thursday, April 27, 2017
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The Consumer Financial Protection Bureau (CFPB) and state regulators in Florida, Illinois and Massachusetts recently sued Ocwen Financial Corporation and its subsidiaries, alleging that numerous issues during the servicing process harmed borrowers. The company is disputing the allegations, arguing that the bureau’s claims are politically motivated. Read on to find out more details.
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