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Ocwen
Ocwen Ocwen Loan Servicing LLC FTC Investigates Ocwen for Wrong Doing's Internet
16th of May, 2011 by User836217
Ocwen is currently being Investigated by the FTC.. Now is your chance to make a difference.. Spread the Word! Anyone wanting to file a compliant with the FTC about Ocwen should send a letter to: Joel Winston associate director Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, DC 20580 (202) 326-2222 www.ftc.gov Joel Winston, associate director of the FTC, confirmed the probe and said agency officials are "looking at more than one potential target" as part of their mortgage-servicing investigation. He declined to identify any other companies being scrutinized by the FTC. The FTC has taken several actions in recent years against questionable practices by home-loan servicers, which collect mortgage payments and handle foreclosures on behalf of mortgage-loan investors. Ocwen is the 15th-largest mortgage servicer, according to Inside Mortgage Finance, a mortgage-industry newsletter. The company services $72 billion in loans and had net income of $38 million in 2010 on revenue of $360.4 million. I am Not an attorney and I don't Not give legal advice...
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