Wednesday, April 26, 2017

Ocwen pulls a PHH: Asks court to declare CFPB unconstitutional, requests DOJ help

Ocwen Financial is pulling a PHH. Just as PHH did recently, Ocwen is playing the unconstitutional card in its fight against the Consumer Financial Protection Bureau, asking the United States District Court for the Southern District of Florida to declare the CFPB unconstitutional and toss out the CFPB’s lawsuit against the company.

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