Top Subprime Mortgage Firm Accused Of Abuses

Ocwen inappropriately backdated foreclosure warnings and letters that denied mortgage loan modifications, making it nearly impossible for borrowers to appeal the company's decision, according to the letter from Benjamin Lawsky, New York's Superintendent of Financial Services.

BING NEWS:
  • Florida mortgage firm denies redlining — but will pay $1.75 million
    The Mortgage Firm, based in Altamonte Springs, and the Justice Department have agreed on a consent order that still needs to be approved by a court.
    01/11/2025 - 3:59 am | View Link
  • The Mortgage Firm to invest $1.75M to settle DOJ redlining case
    The Mortgage Firm, a Florida-based mortgage lender, has agreed to invest $1.5 million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday.
    01/9/2025 - 5:55 am | View Link
  • Mortgage company accused of lending discrimination in Miami-Dade reaches settlement
    TALLAHASSEE - A mortgage company accused of lending discrimination in predominantly Black and Hispanic Miami-Dade neighborhoods has settled with the U.S. Department of Justice.
    01/9/2025 - 1:36 am | View Link
  • More

 

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