Ocwen Pays $2 Million to Settle Financial Misstatement Claim

Updated on
  • SEC says company misstated net income in 2013 and 2014
  • Ocwen paid $150 million over N.Y. regulator's claims in 2014

Ocwen Financial Corp. agreed to pay $2 million to resolve U.S. Securities and Exchange Commission claims that it misstated financial results by relying on valuations performed by a related party.

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