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California Regulators Want to Suspend Ocwen's Mortgage License

California regulators are trying to suspend the mortgage license of Ocwen Financial Corp., saying the company failed to provide information that shows it complies with the state's laws to protect homeowners.

California seeking to suspend Ocwen Financial's mortgage license

The state is seeking to suspend the mortgage license of Ocwen Financial Corp., saying the payment collection firm has failed to turn over documentation showing that it complies with California laws protecting homeowners.