Ocwen reaches mortgage servicing settlement with Texas

Another day, another mortgage servicing settlement for Ocwen Financial. Recently, the nonbank has been on a settlement streak, reaching agreements with 20 of the 33 states that took regulatory actions against Ocwen earlier this year over alleged escrow issues and restricted Ocwen’s ability to acquire new mortgage servicing rights and originate new loans. Now, it’s Texas’ turn.
Source: HousingWire Magazine