Jury’s $3 Million Punitive Damage Award Against Mortgage Loan Servicer Ocwen Reduced on Appeal to $582,000.
(November 2019) A federal jury awarded Monette Saccameno $582,000 in compensatory damages and $3 million in punitive damages against her mortgage loan servicing company, Ocwen. On appeal, the Seventh Circuit lowered the punitive damage award […]