The Weiner v. Ocwen Financial Corporation, et al. class action alleges that Ocwen overcharged borrowers for property valuation services, specifically Broker Price Opinions (BPOs) and Hybrid Valuations, by including undisclosed mark-ups in the fees. Ocwen denies these allegations but has agreed to a settlement to resolve the dispute.
Who Qualifies for a Payout in This Settlement?
You may be eligible if you meet either of the following criteria:
- Nationwide Settlement Class: All U.S. residents who had a loan serviced by Ocwen and paid for one or more BPOs or Hybrids charged by Ocwen through Altisource between November 5, 2010, and September 29, 2017.
- California Settlement Sub-Class: California residents who had a loan serviced by Ocwen and were assessed charges for one or more BPOs or Hybrids to their mortgage account by Ocwen through Altisource during the same period.
Is It Necessary to Provide Proof (or Proof of Purchase)?
Yes, to receive a payment, you must submit a valid claim. If you received a notice with a Unique ID, you can use it to file your claim without additional documentation. If you did not receive a Unique ID or the Settlement Administrator cannot verify your claim, you may need to provide supporting documentation identifying your specific home loan serviced by Ocwen.
What Amount Can I Receive from This Settlement?
The settlement provides:
- Reimbursements: $60 for each BPO fee and $70 for each Hybrid fee you paid during the class period.
- Fee Reversals/Credits: For California Sub-Class Members with ongoing Ocwen-serviced loans, $60 for each BPO and $70 for each Hybrid fee assessed but not paid during the class period.
How Can I Submit My Claim?
Claims can be submitted online or by mail:
- Online: Visit the settlement website and navigate to the “File a Claim” section.
- By Mail: Download and print the Claim Form from the “Important Documents” section of the settlement website, then mail the completed form to: Ocwen Fee Settlement
c/o JND Legal Administration
P.O. Box 91338
Seattle, WA 98111
Ensure your claim is submitted online or postmarked by September 29, 2025.
Important Dates
- Claim Submission Deadline: September 29, 2025.
For more information and to access the Claim Form, visit the settlement website.
