Attorney General Kane announces $2 billion foreclosure settlement; calls on Congress to help homeowners

Attorney General Kathleen G. Kane today announced her involvement in a federal and multistate investigation and $2 billion national settlement with Ocwen Financial Corporation and Ocwen Loan Servicing. The settlement is the result of a mortgage foreclosure practices investigation of the firms and two companies that they acquired. Pennsylvania consumers may receive over $52 million in relief through principal reductions as a result of the settlement.

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Posted by on Dec 19 2013. Filed under Local News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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