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Morningstar: True cost of Ocwen settlement far exceeds $150 million 

Dec 26, 2014By

If Ocwen Financial thought that its regulatory troubles were over now that it settled with the New York Department of Financial Services for $150 million, the beleaguered company has another thing coming. The increased regulatory scrutiny and loss of its chairman could cripple Ocwen’s growth, according to Morningstar.

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