Ocwen Improperly Foreclosed On Mortgagees, Suit Says – Law360

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Law360 (December 15. an assembly-line process allowing lenders/mortgagees to foreclose on properties and/or protect their interests in bankruptcy court while minimizing human involvement," the suit.

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Ocwen Improperly Foreclosed On Mortgagees, Suit Says – Law360 A proposed settlement has been reached in a class action lawsuit concerning whether Ocwen Loan Servicing, LLC ("Ocwen") properly reported mortgage interest payments to the Internal Revenue Service (IRS) for borrowers who had "Option ARM" mortgages or other negatively amortizing mortgages that were serviced by Ocwen in 2013.

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