Monitor's Reports
The Monitor releases three types of reports under the National Mortgage Settlement:
- Consumer relief reports address the bank's relief and refinancing activities
- Compliance reports measure each bank's progress in complying with the servicing standards, or rules of conduct, set forth by the Settlement
- Court reports are filed by the Monitor to the United States District Court for the District of Columbia (the Court) regarding the consumer relief or compliance requirements of the Servicer’s obligations under the Settlement
Monitor’s report regarding compliance by Ocwen for the third and fourth calendar quarter of 2015.
Joseph A. Smith, Jr. released reports with the Executive Office for the USTP on the USTP’s and his review of four banks’ compliance with bankruptcy-related provisions of the NMS.
Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, filed his final report on issues with Ocwen’s IRG and the results of independent retesting of at-risk metrics.
Joseph A. Smith, Jr. released his first report on his crediting of Ocwen’s consumer relief activities through December 31, 2014.
Joseph A. Smith, Jr. released Ocwen’s self-reported consumer relief through first quarter 2015.