Abusive Loan Servicers Like Ocwen PNC and Bank Of America Now Demanding Borrowers Who Finally Obtain Loan Modifications Sign Non-Disparagment Clauses

Reuters today reports a phenomenon that has become a real problem for lawyers and homeowners who are serious about remaining involved in the public policy debate about abusive loan servicing practices. Major Servicers are asking homeowners and often their lawyers to agree not to “disparage” them or modifications and settlement agreements will be terminated.

The CFPB needs to address this abusive practice

Tagged with: , , ,
Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: