From the consumer protection folks over at the North Carolina Department of Justice:
North Carolina consumers have until Sept. 15 to file their claim forms in order to obtain relief under nationwide “Ocwen Settlement”
If you lost a home to foreclosure between January 1, 2009 and December 31, 2012, and if your home loan was serviced at the time of foreclosure by Ocwen, Litton Loan Servicing, or Homeward Residential (formerly known as American Home Mortgage Servicing or AHMSI), you may be eligible to obtain cash relief under the settlement.
Individual consumers will likely receive payments of between $679 and $1,235, depending upon how many eligible people submit claims. Payment checks are expected to be mailed in late 2014 or early 2015.
In December 2013, Ocwen Financial Corporation, and its subsidiary, Ocwen Loan Servicing, agreed to settle a nationwide lawsuit, brought by the Consumer Financial Protection Bureau and the attorneys general of 49 states, and the District of Columbia. Read More