As it turns out, it can get worse for Ocwen Financial. Less than one day after posting a massive loss for the first quarter of 2016, the nonbank has run afoul of the terms of the National #mortgage Settlement and is now forbidden from taking foreclosure actions on more than 17,000 loans. http://www.housingwire.com/articles/36908-ocwen-foreclosures-frozen-after-national-mortgage-settlement-compliance-failure ❤️ #share #mortgage
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