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Real Estate & Property Law

: The Home Equity Theft Reporter

Loan Servicer Coughs Up $674K+ In Refunds After Allegedly Beating Baltimore Borrowers Out Of Improperly Imposed Prepayment Penalties

By r morris

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In Baltimore, Maryland, the Baltimore Business Journal reports:Ocwen Loan Servicing, one of the U.S.?s largest servicers of residential mortgage loans, has voluntarily refunded $674,137 to more than 180 Maryland borrowers after a state examination found violations of Maryland law restricting the imposition of prepayment penalties.For more, see Ocwen Loan Servicing refunds $674K to Md. mortgage

Full post as published by The Home Equity Theft Reporter on July 10, 2009 (boomark / email).

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