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BRIEF-Ocwen financial issued statement in response to legal action filed by Consumer Financial Protection Bureau
April 20, 2017 / 7:01 PM / 3 months ago

BRIEF-Ocwen financial issued statement in response to legal action filed by Consumer Financial Protection Bureau

1 Min Read

April 20 (Reuters) - Ocwen Financial Corp

* Ocwen Financial issued statement in response to legal action filed by Consumer Financial Protection Bureau

* Ocwen Financial - "believes its mortgage loan servicing practices have and continue to result in substantial benefits to consumers above and beyond other mortgage servicers"

* Ocwen Financial Corp says "disputes" CFPB'S claim that ocwen's mortgage loan servicing practices have caused substantial consumer harm

* Ocwen Financial Corp says unaware of CFPB conducting any detailed review of ocwen's loan servicing files

* Ocwen Financial Corp says received various orders from state mortgage regulators, and are in process of reviewing them in detail Source text for Eikon: Further company coverage:

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