WASHINGTON—Regulators sued Ocwen Financial Corp., alleging the mortgage-servicing firm harmed thousands of customers by botching basic services. The Consumer Financial Protection Bureau said the company specializing in subprime and delinquent loans had illegally foreclosed against at least 1,000 borrowers. The federal consumer watchdog alleged Ocwen also ignored customer complaints and failed to make disclosures about errors in...

Source: Wall Street Journal April 20, 2017 18:43 UTC