Thursday, April 20, 2017

Ocwen accuses CFPB of playing politics with lawsuit, vows to defend itself

Ocwen Financial took the gloves off in responding to the Consumer Financial Protection Bureau’s allegations that the nonbank “failed borrowers at every stage of the mortgage servicing process,” arguing that the CFPB’s lawsuit is politically motivated and vowing to defend itself against claims that are “inaccurate” and “unfounded.”

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