December 19, 2022
A Florida federal court judge approved a $2.8 million amended settlement on Monday in a class action over convenience fees charged to mortgage holders when they paid their bills online or by telephone, replacing an earlier deal that a federal judge had suggested was bad for consumers.
October 18, 2022
Consumers who borrowed from mortgage loan companies Ocwen Loan Servicing and its successor PHH Mortgage asked a Florida federal judge Tuesday to preliminarily approve an amended $2.8 million settlement to end nationwide proposed class claims over convenience fees after the judge expressed reservations about approving a prior $12.6 million deal.
March 29, 2021
A group of borrowers, along with Ocwen Loan Servicing LLC and its successor PHH Mortgage Corp., have submitted modifications to a proposed $12.6 million nationwide class settlement over allegedly unlawful fees the servicers charged for payments online and over the phone, after a Florida federal judge voiced reservations during a recent hearing.
March 23, 2021
A Florida federal judge voiced numerous reservations in weighing a proposed $12.6 million nationwide class settlement over allegedly unlawful fees Ocwen Loan Servicing LLC and successor PHH Mortgage Corp. charged borrowers to make online and phone payments, including consumers' lack of market choice.
March 04, 2021
The federal government has slammed a $12.6 million settlement over consumers' claims that Ocwen Loan Servicing LLC and successor PHH Mortgage Corp. unlawfully charged fees for online and phone payments, saying most class members would not benefit because the deal grants the company release to continue charging the fees.
October 30, 2020
Nonclass members can't intervene in Ocwen Loan Servicing LLC's $12.6 million settlement with consumers over claims the mortgage servicer unlawfully charged fees for payments made via phone or online, a Florida federal judge has ruled, saying the individuals have no interest in the proposed deal.
September 28, 2020
PHH Mortgage Corp. and Ocwen Loan Servicing LLC fought an attempt by a group of lawyers with similar complaints against the companies to intervene in their $12.6 million deal with consumers over claims the mortgage services charged illegal processing fees for making payments over the phone or online.
September 23, 2020
A proposed class of consumers who had mortgages with Ocwen Loan Servicing LLC and PHH Mortgage Corp. urged a Florida federal judge Tuesday to bar a group of lawyers from using "obstruction ploys" and intervening in their $12.6 million settlement over claims the mortgage servicers charged illegal processing fees for making phone or online payments.
August 26, 2020
A proposed class of consumers who had mortgages with Ocwen Loan Servicing LLC and PHH Mortgage Corp. told a Florida federal court they had agreed to a $12.6 million settlement that will end their claims that the mortgage servicers charged illegal processing fees for payments made online or over the phone.