Ocwen, Assurant To Pay $140M To Settle Force-Placed Suit

By Dani Kass ( April 28, 2015, 4:18 PM EDT) -- Ocwen Financial Corp. and Assurant Inc. have agreed to pay $140 million to settle a putative class action in Florida federal court with homeowners who say Ocwen artificially inflated the cost of premiums for forced-placed insurance in exchange for kickbacks from Assurant.  . . .

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