Ocwen To Pay $1.5M To Settle Claims Over Recorded Calls

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By Katryna Perera (February 17, 2022, 6:26 PM EST) — Mortgage servicer Ocwen Loan Servicing LLC has agreed to pay $1.5 million to a proposed class of California-based customers to settle claims that it recorded phone conversations with members of the proposed class without their consent.

Plaintiff Gregory Franklin filed a motion for preliminary approval in California federal court on Wednesday on behalf of an estimated 37,000 customers in California who allegedly had their phone calls unlawfully recorded from Nov. 1, 2015, through Nov. 30, 2015.

The settlement was reached after three years of litigation which included two rounds of mediation, several rounds of discovery and depositions and a motion to…

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