Ocwen Ocwen Loan Servicing LLC FTC Investigates Ocwen for Wrong Doing's Internet
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...