DS News Webcast: Wednesday 1/15/2015

By Jordan Funderburk

California’s Department of Business Oversight is moving to halt Ocwen’s operations in the state after the company failed to provide documentation about its compliance with California’s Homeowner Bill of Rights. The bill prohibits certain mortgage servicing practices—such as dual-tracking—and sets in place requirements for single points of contact and document verification, among other provisions. Losing California …

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