Published
August 10, 2024
Updated
July 30, 2026
The Ocwen settlement concerned alleged markups on broker price opinions and hybrid property valuations charged to mortgage borrowers.
Current Status
Settlement payments were issued on January 7, 2026 to class members with approved claims. The court granted final approval on October 10, 2024, and the extended September 29, 2025 claim deadline has passed.StatusPayments issued
Payment DateJanuary 7, 2026
Claim DeadlineSeptember 29, 2025 (Passed)
Benefit$60 per BPO; $70 per Hybrid
What Was This Case About?
The lawsuit alleged that Ocwen charged borrowers undisclosed markups for broker price opinions and hybrid property valuations. Ocwen denied the claims and all alleged wrongdoing.Who Was Covered?
The nationwide class included United States residents with Ocwen-serviced loans who paid covered BPO or Hybrid charges from November 5, 2010 through September 29, 2017. A California subclass also covered certain assessed but unpaid fees.What Benefits Were Provided?
Approved nationwide claims received $60 for each paid BPO fee and $70 for each paid Hybrid fee. Eligible California subclass members could also receive credits or reversals for covered unpaid charges.Official Information
Review the latest information on the Ocwen Fee Settlement website.
Case Title
Weiner v. Ocwen Financial Corporation, et al.
Case Number
2:14-cv-02597-DJC-DB
Court
U.S. District Court for the Eastern District of California
Current Milestone
Payments issued January 7, 2026
Official Website
Ocwen Fee Settlement
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