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The DFS has evidence of backdated letters going back further that it hasn’t made publicly available while the investigation is ongoing, the source said.

Eartha Smith, 75, a former fire department nurse who retired on disability, tried to get a modification on her 1,000 home loan in 2009, according to her lawyer, Peter Gleason.

Ocwen sent backdated letters denying homeowners a chance to rework their troubled loans as early as 2010 — two years before regulators said the problem started, The Post has learned.

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Your claim will be considered by a benefits officer.Ocwen issued the following statement to Housing Wire.“We deeply regret the inconvenience to borrowers who received improperly dated letters as a result of errors in our correspondence systems,” a spokesperson for Ocwen said. In the case of the 283 borrowers in New York who received letters with incorrect dates, 281 are currently borrowers with us.New York Department of Financial Services Superintendent Benjamin Lawsky alleges that Ocwen Financial (OCN) has been backdating potentially hundreds of thousands of letters to borrowers “likely causing them significant harm.” Ocwen has been in Lawsky’s crosshairs since February, when it put a .7 billion mortgage servicing rights deal between Ocwen and Wells Fargo (WFC) on an indefinite hold.“In the course of the Department’s review of Ocwen’s mortgage servicing practices, we have uncovered serious issues with Ocwen’s systems and processes, including Ocwen’s backdating of potentially hundreds of thousands of letters to borrowers, likely causing them significant harm,” Lawsky says in the open letter to Ocwen general counsel Timothy Hayes, a copy of which was sent to Housing Wire.




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