Borrowers Benefit From Lender’s Misdeeds

Ocwen Loan Servicing had a practice of sending out letters to borrowers dated earlier than the mailing date. Since many of the borrower’s rights are time-sensitive, this back-dating process could unfairly deprive the homeowner of opportunities that would otherwise be available. A claim process has been set up to provide compensation between $300 to $3,000 per loan. The forms can be accessed on www.OcwenMisdatedLetterClaims.com. Forms must be filed by May 2, 2016.