Tag Archives: Martha Coakley

Ocwen, the nation's fourth largest mortgage servicer, has agreed to pay $3.7 million to resolve allegations that it failed to give notice to homeowners, and that the company unlawfully foreclosed on properties in Massachusetts. The announcement came from the state's Attorney General Martha Coakley, who alleged the non-bank servicer failed to follow Massachusetts law when handling certain mortgage loans.

Massachusetts Attorney General Martha Coakley has sued the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac, alleging the companies' refusal to engage in foreclosure buyback programs is "unfairly and illegally causing Massachusetts families to lose their homes."