Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: PHH Mortgage Corp.
Current Parent Company: Ocwen Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $150,000
Year: 2012
Date: March 29, 2012
Offense Group: consumer-protection-related offenses
Primary Offense: mortgage abuses
Violation Description: PHH agreed to pay $150,000 (paid on its behalf by Fisher and Shapiro, a law firm which worked on foreclosure cases for PHH) in settlement of allegations foreclosure documents had been altered by the law firm. These Robosigning allegations later led to multistate litigation.
Level of Government: state
Action Type: agency action
Agency: Illinois Division of Banking
Civil or Criminal Case: civil
Facility State: Illinois
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.