The settlement benefits a national FDCPA class of residential mortgage borrowers whose loans were serviced but not owned by Ocwen or PHH after the servicers acquired servicing rights when the loans were 30 days or more delinquent and who paid a convenience fee to Ocwen between March 25, 2019, and Aug. 17, 2022.
The settlement also benefits a statewide class of Florida residential mortgage loan borrowers who paid a convenience fee to Ocwen or PHH between March 25, 2016, and Aug. 17, 2022.