Archive for credit report error

Ocwen Loan Servicing, CIT Bank, formerly OneWest Bank, N.A. Ordered to Pay $50,000 to Bay Area Couple

  • September 22nd, 2016
  • Balam Letona
  • Comments Off on Ocwen Loan Servicing, CIT Bank, formerly OneWest Bank, N.A. Ordered to Pay $50,000 to Bay Area Couple

A $50,000 money judgment was issued against Ocwen Loan Servicing, LLC., and CIT Bank, N.A., formerly known as OneWest Bank, N.A. The judgment required the banks to pay a San Francisco Bay Area couple $50,000. The banks also agreed to…

Mixed Credit Report Leads to $18.6 million dollar verdict

  • August 6th, 2013
  • Admin
  • Comments Off on Mixed Credit Report Leads to $18.6 million dollar verdict

A credit reporting agency cannot mix your credit report with someone else’s. This is referred to as a “mixed credit report” or “mixed credit file.” The Fair Credit Reporting Act requires the credit reporting agencies to assure the maximum possible…