
Ocwen agreed to provide $198 million in debt forgiveness and pay $27 million in restitution, costs and penalties in settlement of allegations it violated multiple state and federal laws concerning mortgage lending and protecting homeowners from foreclosure while lacking proper procedures to implement compliance with regulations. For more info visit https://dbo.ca.gov/wp-content/uploads/sites/296/2013/05/Ocwen-Loan-Servicing-LLC-Consent-Order-1.pdf