SEC fines Ocwen $2 million for misstating financials; Altisource, HLSS relationships: Ocwen Financial will pay a $2 million fine after a Securities and Exchange Commission investigation found that the nonbank misstated it financials on several occasions by using a “flawed, undisclosed methodology” to value #mortgage servicing rights that were sold to an Ocwen-associated company, Home Loan Servicing Solutions. http://www.housingwire.com/articles/36071-sec-fines-ocwen-2-million-for-misstating-financials-altisource-hlss-relationships ❤️ #share #mortgage
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