Fox DFW – Lawmakers Hear Mortgage Servicing Complaints

Lawmakers in Austin got an earful from angry homeowners caught up in a mortgage mess with servicing companies. The Senate Committee on Business and Commerce heard testimony on the issue and will decide if this unregulated industry needs more state oversight.

“We can’t believe this is happening in America. You hear it in other countries, but not America,” Marta Guzman told committee members.

Guzman says she lost her home to foreclosure but not without a fight with Ocwen Financial Corporation.

To read the entire article, click here.

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