Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: PHH Mortgage Corporation
Current Parent Company: Ocwen Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $6,250,000
Year: 2013
Date: December 4, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: mortgage abuses
Violation Description: New Jersey entered into a $6.25 million settlement with PHH Mortgage Corporation resolving allegations the company misled financially struggling homeowners who sought loan modifications or other help to avoid mortgage delinquency or foreclosure.
Level of Government: state
Action Type: agency action
Agency: New Jersey Attorney General
Civil or Criminal Case: civil
Facility State: New Jersey
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: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.