Law360 (April 21, 2021, 8:19 PM EDT) — A Florida federal judge on Wednesday entered final judgment for Ocwen Financial Corp. in a mortgage servicing misconduct suit brought by the Consumer Financial Protection Bureau, setting the stage for an appeal by the agency after its case was gutted last month.
The move by U.S. District Judge Kenneth Marra frees the CFPB to challenge his March ruling that concluded the agency’s long-running lawsuit against Ocwen and its subsidiaries was largely precluded by a 2014 national settlement concerning the company’s mortgage servicing practices.
The CFPB had previously sought to tee up an appeal by dropping what was left of the suit,…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!