CFPB Director Cordray Speaks on Ocwen Enforcement Action Press Call
April 20, 2017
April 20, 2017
WASHINGTON, April 20 -- The Consumer Financial Protection Bureau issued the text of the following remarks by Director Richard Cordray on the Ocwen enforcement action press call:
"Today the Consumer Financial Protection Bureau is filing a lawsuit against Ocwen, one of the nation's largest nonbank mortgage servicers. We are seeking relief to compensate consumers for years of systemic and significant errors throughout the mortgage servicing process, which cost some of them their . . .
"Today the Consumer Financial Protection Bureau is filing a lawsuit against Ocwen, one of the nation's largest nonbank mortgage servicers. We are seeking relief to compensate consumers for years of systemic and significant errors throughout the mortgage servicing process, which cost some of them their . . .