Wednesday, February 28, 2024 | The Latest Buzz for the Appraisal Industry

Industry Professionals Weigh In On Ocwen Settlement

By Tory Barringer

On Monday, the Atlanta-based firm—one of the biggest mortgage servicers in the nation and the largest subprime servicer—announced it had agreed to pay $150 million for homeowner relief over allegations it conducted improper foreclosure procedures, used outdated and conflicting systems in managing its portfolio, and was involved in transactions with related companies that constituted conflicts of interest.

The post Industry Professionals Weigh In On Ocwen Settlement appeared first on DSNews.

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