The CFPB Just Sued a Crooked Mortgage Servicer, but Indicted Itself
In December 2013, the Consumer Financial Protection Bureau and 49 states issued a $2.1 billion consent order against Ocwen, one of America’s largest mortgage companies, for “violating consumer financial laws at every stage of the mortgage servicing process.” Three and a half years later, the CFPB sued Ocwen in federal court for, well, violating consumer financial laws at every stage of the mortgage servicing process
https://www.thenation.com/article/archive/the-cfpb-just-sued-a-crooked-mortgage-servicer-but-indicted-itself/
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