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Ocwen, CFPB mediation unresolved

Category: ABS CDO CLOs

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Ocwen, CFPB mediation unresolved
Ocwen Financial Corporation has issued a statement expressing its disappointment that settlement discussions with the CFPB have not been resolved (SCI 21 April 2017). The move is in response to the mediator’s notice that the company’s court-ordered mediation with the bureau has concluded, after the parties were unable to reach a settlement.

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