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Laws, regulations and courts

$7 Million in Relief Estimated For DC Homeowners in Mortgage Settlement

Date Released: 
Thu, 12/19/2013

$7 Million in Relief Estimated For DC Homeowners in Mortgage Settlement

CONTACT:  
Ted Gest
Public Information Officer
202-727-6283

WASHINGTON, D.C. – D.C. homeowners will receive mortgage principal reductions estimated at $7 million under a national settlement that state and federal enforcement agencies have reached with mortgage servicer Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, Attorney General Irvin B. Nathan said today.

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