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.