Independent Report Refutes Investor Claims Against Mortgage Servicer Ocwen

Mortgageorb | May.27.2016

Orrick complex litigation and dispute resolution partner Richard Jacbosen was quoted on a matter involving his client Ocwen Financial Corp in relation to a lawsuit brought by a group of investors that the mortgage services failed to properly collect payments on $82 billion of home loans.

Immediately after the lawsuit was filed, Richard issued a statement that “these are essentially the same baseless allegations that [investors] have already asserted … in their failed attempt to block the transfer of servicing from OneWest to Ocwen.”