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News: Top Pick
Source: New York Times
Ocwen Financial, a firm that collects the payments on millions of mortgages, has fallen afoul of another regulator. The monitor of the National Mortgage Settlement announced on Tuesday that his office could not rely on information provided by Ocwen. That settlement, struck in 2012, requires banks and firms like Ocwen to meet standards that aim to ensure that struggling borrowers are treated properly.

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