Deceptive Practices Get Small Fines

Deceptive Practices Get Small Fines

Deceptive practices by Bank of America against hundreds of thousands of customers have resulted in over $250 million in penalties. On Tuesday, the Consumer Financial Protection Bureau (CFPB) issued a statement about their findings against the second-largest bank in...
Mortgage Servicing Company Ocwen In Trouble Again

Mortgage Servicing Company Ocwen In Trouble Again

You might think that after reaching a $2.1-billion settlement to resolve allegations of problems with its loan-processing operations and mistreatment of homeowners facing foreclosure, mortgage servicing giant Ocwen would take steps to make sure these problems never...