Ocwen agrees to refund Maine residents to end foreclosure dispute with the state

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Ocwen Financial signed a consent agreement with the state of Maine last week to make amends for pursuing foreclosures on the properties of more than two dozen Maine residents in a manner found to be unlawful by the state. According to the Maine Bureau of Consumer Credit Protection, Ocwen Loan Servicing instigated foreclosures on loans based on paperwork that was determined to be legally inaccurate.