Violation Tracker Individual Record
Company:
PHH Mortgage Corp.
Current Parent Company:
Ocwen Financial
Penalty:
$119,000
Year:
2017
Date:
December 14, 2017
Offense Group:
miscellaneous offenses
Primary Offense:
zoning violation
Violation Description:
The Department of Financial Services fined PHH Mortgage Corp. $119,000 for failing to maintain a vacant an abandoned property under DFS's Vacant and Abandoned Property Law, which requires banks and mortgage servicers to fulfill certain maintenance obligations at so-called zombie properties.
Level of Government:
state
Action Type:
agency action
Agency:
New York Department of Financial Services
Civil or Criminal Case:
civil
Facility State:
New York
Facility City:
New Lebanon
HQ Country of Parent:
USA
HQ State of Parent:
Georgia
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
financial services
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
