Ocwen Loan Servicing Llc
Financial Services |
Banks & Credit Unions
1661 Worthington Road, West Palm Beach, FL 33409
Recent News About Ocwen Loan Servicing Llc
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A woman who suffered “torment” at the hands of loan servicer Ocwen in its attempt to collect debts from her, despite her successful completion of bankruptcy, will collect $2.5 million less than a jury said she should.
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The collective action vs Deutsche Bank and others over its maintenance of bank-owned homes in minority neighborhoods has been give new life.
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A federal judge has determined banks can be sued for the debt collection calls initiated on their behalf by a third party. But the banks can only be held vicariously liable, not directly liable, the judge said.
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Saying lawyers for the plaintiffs need to “drastically” reduce their $5.8 million fee request to make it "conceivable" to win his approval, a federal judge has rejected a $17.5 million settlement intended to end a class action lawsuit against debt collector Ocwen Loan Servicing over claims the company violated federal law when it called millions of debtors.
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A man and an unidentified woman are demanding several people and companies pay them $20 million for alleged breach of contract and alleged violations of several state laws, including the Illinois Consumer Fraud Act and the Illinois Fair Debt Collection Practices Act.