The Traderszone Network

Published in TZ Latest News 3 May, 2017 by The TZ Newswire Staff

Ocwen Tries to Move Forward Despite Further Losses

The mortgage lending arena has been one of the most prominent targets of regulators over the past decade, and mortgage servicing company Ocwen Financial (NYSE: OCN) has been in the crosshairs of government overseers for a long time. Despite solid efforts to resolve past issues, Ocwen got bad news from the Consumer Financial Protection Bureau last month, as the federal regulator filed suit alleging costly errors in its mortgage operations.

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