February 6, 2019 / 6:04 PM / in 3 months

PHH Mortgage settles U.S. charges over unlawful foreclosures

Feb 6 (Reuters) - The U.S. Department of Justice on Wednesday said PHH Mortgage Corp, a large U.S. residential mortgage servicer, will pay $750,000 to six military service members to resolve charges it improperly foreclosed on their homes.

PHH’s parent, PHH Corp, was acquired in October by Ocwen Financial Corp for about $360 million. (Reporting by Jonathan Stempel in New York Editing by Susan Thomas)

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