April 20, 2017 / 5:38 PM / 3 months ago

U.S. CFPB sues Ocwen Financial over errors in mortgage servicing

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WASHINGTON, April 20 (Reuters) - The U.S. Consumer Financial Protection Bureau on Thursday sued Ocwen Financial Corp, alleging the mortgage loan servicer's "years of widespread errors, shortcuts, and runarounds cost some borrowers money and others their homes," the agency said in a statement.

Reporting by Washington Newsroom; Editing by Eric Walsh

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