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Ocwen, PHH Corp. Pay $12.5 Million Settlement to Homeowners Charged 'Processing Fees' on Mortgage Payments | Daily Business Review - Law.com

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Adam Moskowitz, left, and Howard Bushman, right. Adam Moskowitz, left, and Howard Bushman, right. Courtesy photos

Two major mortgage processors agreed to pay $12.5 million to settle a nationwide class action alleging they engaged in abusive collection practices by charging “convenience”and “processing” fees to clients to process mortgage payments on time.

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August 28, 2020 at 02:37AM
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Ocwen, PHH Corp. Pay $12.5 Million Settlement to Homeowners Charged 'Processing Fees' on Mortgage Payments | Daily Business Review - Law.com
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