Law Office of Melanie Murray Mfume, LLC -

Recent Posts

PHH reaches nationwide settlement over crisis-era mortgage servicing
Servicemembers Civil Relief Act
Chase Officially Satisifes $4 Billion RMBS Settlement Consumer-Relief Requirement
Ocwen Foreclosures Frozen After National Mortgage Settlement Compliance Failure
CFPB Fines Wells Fargo $100 Mil for Secretly Opening Unauthorized Accounts


Family law
Foreclosure prevention
powered by

My Blog

Ocwen National Servicing Settlement claim forms released

In December 2013, 49 state attorneys general, the District of Columbia and the Consumer Financial Protection Bureau announced a settlement with the following three mortgage servicers:

• Homeward Residential Holdings (previously known as American Home Mortgage Servicing or AHMSI)
• Litton Loan Servicing
• Ocwen 

This bipartisan settlement will provide approximately $125 million in direct payments to borrowers.

The agreement settles state and federal investigations finding that these mortgage servicers engaged in various abuses during the foreclosure process, including signing foreclosure related documents outside the presence of a notary public and without knowing whether the facts they contained were correct.

Borrowers from Oklahoma will not be eligible for any of the relief directly to homeowners because Oklahoma elected not to join the settlement.

The relief includes $2 billion in first lien principal reductions and immediate aid to borrowers in need of loan modifications.

The relief includes $125 million in payments to borrowers who lost their home to foreclosure between January 2009 and December 2012.  Notice Letters and Claim Forms will be mailed by the Settlement Administrator in June 2014.

6 Comments to Ocwen National Servicing Settlement claim forms released:

Comments RSS
Viola on Tuesday, July 15, 2014 7:34 AM
I am joyful to discover this substance extremely accommodating and instructive for me, as it holds part of precise specifying about the subject, which I was hunting down. Much obliged and good fortunes.
Reply to comment

hublot sale on Friday, February 13, 2015 11:23 PM
Selecting an important engagement gold and not even, you have got to opt for the pattern they'll suit ones own all and which will from your recipients. Though the best you as a result of quite a few gold versions.
Reply to comment on Saturday, June 17, 2017 3:58 AM
Of course, what a great blog and revealing posts, I definitely will bookmark your blog.Best Regards!
Reply to comment

essay on Tuesday, August 15, 2017 10:38 AM
Servecing is the best policy that a person gain. The best part of servicing is a person get soult out solution at your home end.A person always prefer home service for their future use
Reply to comment

can someone do my assignment for me on Monday, October 16, 2017 12:53 AM
Appreciated perusing the article above , truly clarifies everything in detail,the article is extremely fascinating and effective.Thank you and good fortunes for the up and coming article.
Reply to comment

Rick Deckard Coat on Wednesday, November 15, 2017 1:23 AM
department of treasury and there it all is. but its national, so u search through it. but its free and you dont have. party company for a stupid list. also a great site is, they list hud and va homes. thats auction.
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment