Ocwen Financial Corp. said it lost a $12.7 million jury verdict tied to its former bank subsidiary. Cartel Asset Management brought the case against the West Palm Beach-based mortgage servicing company and Ocwen Loan Services, the successor to its former savings institution, Ocwen Federal Bank. The vendor accused them of misappropriation of trade secrets and violating its contract.
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio
