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Ocwen Mortgage Massachusetts

Ocwen Ordered to Cease Mortgage Operations in Massachusetts

Ocwen, one of the largest mortgage servicers in the country, faces regulatory action from both the state and federal levels for “failing borrowers at every stage of the mortgage servicing process,” including mishandling mortgage accounts and botching loan modifications. The federal Consumer Financial Protection Bureau sued...

foreclosure massachusetts

Foreclosure Valid Despite Failure to Send Required Notice

The Massachusetts Supreme Judicial Court has ruled that a foreclosure is valid even though the bank who foreclosed did not send a mandatory post-foreclosure notice to the city. Previously, the Supreme Judicial Court has held that a violation of any of the foreclosure laws renders a...

Consumer Protection Rights

Consumer Protections at Risk of Being Rolled Back; How to Help

The new administration announced plans to roll back consumer protections via an Executive Order. Although the order is vague, it essentially gives the U.S. Department of the Treasury instructions to restructure and limit the Dodd-Frank Act, the law passed to increase consumer protections after the...

Odometer Roll-Backs a Concern for Massachusetts Drivers

When purchasing a used car, the car’s mileage -- as indicated on the odometer -- may be the deciding factor whether or not to buy or keep shopping. Shoppers rely on the odometer to estimate the car’s total wear and it helps determine the price....