BRIEF-Ocwen will stop using gag orders in mortgage modifications

June 3 Tue Jun 3, 2014 11:53am EDT

June 3 (Reuters) - New York's Superintendent of Financial Services Benjamin Lawsky said on Tuesday: * Ocwen Financial Corp Will stop using gag orders for borrowers seeking mortgage modifications * his Department "intends to review this issue at other financial institutions"

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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