Ocwen not extending closing dates from approvals prior to 3/1/14 .. Blames Consumer Finance Protection Bureau (CFPB)

I was informed by Ocwen today that they will not extend any short sale closing dates with approvals prior to 3/1/14 because of new guidelines set by the Consumer Finance Protection Bureau (CFPB).

I find it hard to believe this was the intentions from a CONSUMER PROTECTION agency.  To me it just sounds like spiteful retaliation from Ocwen.

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This is a recent article about Ocwen. http://http://money.cnn.com/2014/02/10/real_estate/ocwen-mortgages/.... I recently had to file a complaint with HAMP/HAFA over Ocwen's behavior. 

Please post back as to how it's going. 

Janice Wheeler

Lic. 01162965



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