Ocwen Financial Corporation, Ocwen Mortgage Servicing, Inc., Ocwen Loan Servicing, Inc., and PHH Mortgage Corporation have settled a lawsuit with the Florida Attorney General regarding alleged mortgage servicing mistakes for Florida homeowner’s mortgages. The State of Florida secured more than eleven million dollars in relief for Floridians harmed as result of alleged improper mortgage service practices. The allegations included untimely payments of borrowers’ insurance premiums by improperly imposing lender forced placed insurance and overcharging owners for property preservation inspections. The Florida Attorney General’s office will contact borrowers who may be eligible for monetary payment. The source of this information is Florida Realtors.