CFPB, Florida Sue Ocwen For Mortgage Servicing Issues
CFPB, Florida Sue Ocwen For Mortgage Servicing Issues Share us on: By Evan Weinberger Law360, New York (April 20, 2017, 5:02 PM EDT) — The Consumer Financial Protection Bureau on Thursday sued mortgage servicer Ocwen Financial Corp. in Florida federal...Court: CFPB Has Authority To Request Seven Years’ Worth Of Foreclosure Documents
Back in November, the Consumer Financial Protection Bureau filed a lawsuit against one of the nation’s largest providers of seller-financed homes after it failed to comply with a subpoena to turn over documents related to home foreclosures. This week, a judge upheld...CFPB fines CitiFinancial Servicing and CitiMortgage $29 million
The Consumer Financial Protection Bureau hit CitiFinancial Servicing andCitiMortgage with enforcement actions over how both companies handled borrower foreclosures. CitiMortgage must pay an estimated $17 million to compensate wronged consumers, and pay a civil penalty...CFPB Warns Banks About Risks of Sales Incentives
WASHINGTON-The Consumer Financial Protection Bureau on Monday warned banks about creating incentives tied to sales goals, underscoring its intention to keep a tight rein on banks in the aftermath of the phony-accounts scandal at Wells Fargo & Co. In a special...CREDIT REPAIR $19 DOWN
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