Regulators Are Suing Subprime Mortgage Servicer Ocwen for Years of ‘Misleading Practices’

For the second time since 2013, the U.S. Shopper Monetary Safety Bureau on Thursday sued Ocwen Monetary over accusations of widespread misconduct in the way it serviced debtors’ loans, from foreclosures abuses to a primary failure to ship correct …Michigan amongst regulators to focus on Ocwen Monetary over mishandled mortgages See Similar Threads…

European regulators have fined Facebook for ‘misleading’ them during its purchase of WhatsApp in 2014

RecodeEuropean regulators have fined Facebook 110 million euros for providing regulators with “misleading” statements about its purchase of WhatsApp in 2014. As it sought the European Commission’s blessings to proceed with the $22 billion deal, Facebook said …EU Fines Facebook $122 Million Over Disclosures in WhatsApp Deal ..

Regulators Accuse Subprime Mortgage Servicer of Years of Abuses

Ronald M. Faris, chief government of Ocwen Monetary, in 2009. The corporate is accused of abuses together with unlawful foreclosures, misleading charges and in depth mishandling of home-loan funds. Credit score Barbara P. Fernandez for The New York Occasions. Federal …Subprime Mortgage Big Ocwen Rocked by U.S. Swimsuit Claiming Abuse See Similar Threads…

Subprime Mortgage Large Ocwen Rocked by U.S. Go well with Claiming Abuse

Ocwen Monetary Corp., one of many nation’s largest processors of client mortgage funds, was rocked Thursday by recent allegations it mishandled accounts and in some circumstances illegally foreclosed on householders. The corporate’s shares misplaced greater than …Florida additionally alleges widespread servicing failures at Ocwen See Similar Threads…

Facebook denies misleading EU regulators during WhatsApp probe

The INQUIRERThe European Commission (EC) on Thursday announced plans to hit Facebook with a €110m fine for providing “misleading” information to regulators. Facebook had informed the EC that it would be unable to establish reliable automated matching between …Mergers: Commission fines Facebook €110 million for providing misleading information about WhatsApp takeover ..