Mortgage loan subservicer taps 35-year industry veteran to streamline the company’s processes to better serve its employees, clients, and homeowners.
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Ocwen Sues FIS Over Alleged Inflated Billing
One lawsuit has begat another in California. Ocwen Financial Corp. has alleged that the monitor appointed to review its business practices in the wake of a mortgage servicing settlement ran through an almost $45 million budget in half the time and with half the work. Ocwen alleges that Fidelity Information Services overbilled and charged for improper expenses, including associate trips to casinos and strip clubs.
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