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Ocwen Financial Corp. Message Board

  • davidsmithvid davidsmithvid Dec 20, 2013 1:41 PM Flag

    The investigation with Ocwen is far from over

    I recall people in this forum stating the Federal investigation with OCWEN is over and that is far from the truth. I also recall someone in this forum stating that OCWEN does not have to abide by the Frank Dodd act revisions and loan services in 2014 and that is far from the truth. I also see someone doesn't care about the BBB red letter warning and F rating...well, you should care becasue this is why most states Attorney Generals have filed investigative complaints against OCWEN. And, this is also why there are another 2 large class action lawsuits being formulated with several law firms. And, there are several social media sites where homeowners are systematically organizing a digital trail of the fraud that OCWEN has demonstrated. So as far as that 2.1 billion dollar settlement issued in yesterdays wire, this is far from over. The Federal investigation is ongoing and quite large. And, another myth on this board, where someone stated that OCWEn handles just "deadbeat" loans or bad paper, another inaccuracy. and, lets not forget what is happening in the State of NY, OCWEN remains under monitoring. It's far from over

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