Ocwen (OCN) Stock Down Over 7% This Morning … Best To Pay Fines So As Not To Be Labeled A Crook … Yeah, They Have A Solid Legal Defense

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Atlanta-based mortgage servicing firm Ocwen Financiadisclosed that it has agreed to pay $30 million to “in order to avoid the uncertain outcome of two trials” revolving around a pair of lawsuits that accused the company of falsely certifying its compliance with federal mortgage programs.

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