Adam Moskowitz, left, and Howard Bushman, right. Courtesy photos Ocwen, PHH Corp. Pay $12.5 Million Settlement to Homeowners Charged 'Processing Fees' on Mortgage Payments
"Such abusive collection practices surrounding convenience fees have run rampant across the country in recent years and some courts have found them to be illegal," said Coral Gables Attorney Adam Moskowitz.
August 27, 2020 at 03:37 PM
4 minute read
Two major mortgage processors agreed to pay $12.5 million to settle a nationwide class action alleging they engaged in abusive collection practices by charging "convenience"and "processing" fees to clients to process mortgage payments on time.
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