
The agreement between Florida and Ocwen provided at least $8.6 million in consumer relief, including $2.1 million to Floridians who were harmed as a result of Ocwen's alleged servicing failures, including untimely payments of borrowers' insurance premiums, improper imposition of lender-placed insurance and overcharging for property preservation inspections. Other benefits included at least $1 million in mortgage loan modifications and approximately $5.5 million in late fee waivers for eligible borrowers. Ocwen also agreed to pay more than $3 million in civil penalties and reimbursement for the Attorney General's fees and costs. For more info visit http://www.myfloridalegal.com/newsrel.nsf/newsreleases/78ECA4D9079FEDEC852586020048D5FC?Open&