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Ocwen Financial In $2 Billion Deal On Mortgage Abuses. – Ocwen Financial will reduce struggling borrowers’ loan balances by $2 billion in an agreement with federal regulators and 49 states over foreclosure abuses. The Consumer Financial Protection.

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Mortgage companies, also known as loan servicers, get up taxpayer incentives to reduce borrowers’ monthly payments. But there have been problems from the start. One of the big. HomEq Servicing Inc..

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If you were to ask us to name the two worst mortgage loan servicers in America, our. Until today, I would say that things in the loan servicing world couldn't get any worse. The case against PHH was started by a whistleblower, Mary Bozzelli.. For more information, contact attorney Brian Mahany online,

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