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Ocwen

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Altisource Portfolio Solutions to pay $32 million to settle class action suit over Ocwen relationship 

Feb 17, 2017By

Altisource Portfolio Solutions revealed recently that the CFPB is looking into the company’s relationship with Ocwen Financial. But that wasn’t the only Ocwen-related revelation of the week. The company also reached a $32 million settlement in a class action lawsuit brought by Altisource investors who claimed financial harm after Altisource’s stock plummeted when the New York Department of Financial Services began investigating the company’s relationship with Ocwen in 2014.

3d rendering of a row of luxury townhouses along a street

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