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Company: Ocwen Loan Servicing, LLC
Current Parent Company:
Ocwen Financial
Parent at the Time of the Penalty Announcement:
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Penalty: $1,500,000
Year: 2022
Date: August 26, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: privacy violation
Violation Description: Ocwen paid $1.5 million to settle class action litigation alleging that it recorded phone calls with customers without consent.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:18cv3333
Case Name: Franklin v. Ocwen Loan Servicing, LLC
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.