Woman Sues Ocwen Loan Servicing for Breach of Settlement Agreement
PRINCETON – A woman is suing is suing Ocwen Loan Services for breaching its settlement agreement with her.
Dorothy Thompson brought a civil action against Ocwen in 2014 and the civil action was tentatively settled by an agreement during mediation on May 10, 2015, according to a complaint filed May 24 in Mercer Circuit Court.
Thompson claims on Sept. 16, the defendant stated that the agreement had been confirmed and that the defendant would prepare the settlement documents internally and the parties reached a full and final agreement on Nov. 19.
The settlement agreement contained a confidential payment, as well as the defendant’s agreement to release the deed of trust on Thompson’s property and the defendant tendered payment of the settlement proceeds in January, according to the suit.
Thompson claims to date, the defendant has failed and refused to release the deed of trust, as agreed in the settlement.