More than 20 states, including Florida, and the U.S. Consumer Financial Protection Bureau are suing Ocwen Financial Corp., alleging it mishandled mortgages. The West Palm Beach-based mortgage.
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Because of Ocwen and having to file bankruptcy in order to keep our home, our credit scores have been ruined. Ocwen will not work with us to modify our loan and we are unable to get financing to refinance our home due to our credit scores that Ocwen caused.
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The state of Florida also sued Ocwen, which is based in West Palm Beach, along with the company’s subsidiaries Ocwen Loan Servicing and Ocwen Mortgage. for default fees," Florida’s.
· A jury in Galveston, Texas, has awarded $11.5 million to a customer of Ocwen Financial Corp. and its former Ocwen Federal Bank subsidiary, after determining they committed fraud in servicing her home equity loan. The verdict against West Palm Beach-based ocwen financial (nyse: ocn) and Ocwen Federal was issued Tuesday in Texas’s 212th District.
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As the first recipient of Ocwen’s "Home for the Holidays" program, Ms. Barlow will start the New Year with a promise of hope and peace of mind that she will keep her home. Ocwen is one of the largest independent servicers of non-conforming mortgage loans in the United States with headquarters in West Palm Beach, Florida.