The bankruptcy court levied substantial financial penalties on PHH to convey a message that they must not violate court orders repeatedly.
Greed: The greatest theft of American's homes was decided after the 2008 financial crisis where banks were bailed out and homeowners evicted.
We do not believe that Naimoli needs to make an additional showing of damages to survive summary judgment on her § 1024.35...
The court granted the CFPB’s motion for summary judgment and denied the CFSA’s motion and entered final judgment in the case.
Kim Naimoli v Ocwen Loan Servicing, now PHH Mortgage Corporation receives response from CFPB at request of Second Circuit Panel on Appeal.