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Mortgage Servicing

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Ocwen dodges SEC investigations; settles with 3 more states 

Oct 04, 2017By

The dominoes continue to fall for Ocwen Financial. Last week, Ocwen reached settlement agreements with a total of 10 states that remove some of restrictions that were placed on their mortgage business as part of a multi-state regulatory action against the nonbank earlier this year. And Wednesday morning, Ocwen announced that it reached settlements with three additional states to remove each state’s mortgage servicing restrictions.

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