Mortgage giant Ocwen to pay $2.1 billion in settlement, at least $9.4 million in Alabama

OcwenThe Alabama Attorney General’s office has recovered at least $9.4 million in a multi-state settlement with one of the country’s largest mortgage companies, Ocwen Financial Corporation.  Alabama joined 48 other states, the District of Columbia and the Consumer Financial Protection Bureau in the legal settlement, which totaled $2.1 billion nationally.  To read more about the settlement, click here.

Our firm has filed numerous wrongful foreclosure and breach of contract cases against Ocwen over the years.  If you have a mortgage with Ocwen, and believe you are a victim of their fraudulent practices, please contact our office for a free consultation.