Tag Archives: Monitor Joseph A. Smith Jr.

An independent monitor for the National Mortgage Settlement reported that Ocwen has fulfilled its consumer relief obligation under the NMS. But the news wasn't all good.

Smith reported that Green Tree had completed eight corrective action plans (CAPs) to address root causes of fails that had previously been uncovered, and that he found no evidence of any failures during the "cure period," which is the amount of time in which the servicer has a chance to fix the issues.