Ocwen News

Home : Site Map : Help : Contact

Mortgage Customers | Business Services | Shareholder Relations | News & Views

News & Views

Ocwen in the News

	SNL Financial		"BofA, Citi Among Servicers Least Successful in Turning HAMP Trial Modifications Permanent" by Zach Fox Out of all servicers, Ocwen leads in completing HAMP modifications.
	Public Citzen's Consumer Law & Policy Blog		"HAMP Homeowners Stuck in Limbo" by Alan White Ocwen has converted 89% of borrowers who were on temporary modifications in August to permanent mods by November.
	The Huffington Post		"One Company Responsible For Nearly Half Of All Permanent Mortgage Modifications" by Shahien Nasiripour Almost half of the permanent home loan modifications under the government's plan to help troubled borrowers come from Ocwen, who handles less than three percent of the eligible mortgages.
	The New York Times		"Modifying Mortgages Can Be Tricky" by Vikas Bajaj and John Leland Ocwen was able to cut interest rates and lower payments for a woman living in Miami Gardens, Florida.
	HousingWire		"Ocwen Launches Borrower Services Site" by Austin Kilgore Ocwen has launced a new Web site to connect mortgage borrowers with community groups and government agencies that provide assistance for distressed homeowners.
	TIME		"Forestalling Foreclosure" by Barbara Kiviat Ocwen has an approach to modifying delinquent loans that could slow the wave of foreclosures undermining the economy.
	The Wall Street Journal		"Mortgage Servicers Try the Softer Touch" by Carrick Mollenkamp Ocwen has hired psychologists to train employees to work with borrowers needing to change the terms of their loans. Ocwen lets distressed customers know they can be among those whose home has been saved.
	Mortgage Banking		"Servicers as Originators" by Jerry Demuth The Home Affordable Modication Program (HAMP) has made loan modifications more prevalent, causing servicers to act more like originators.
	NPR Radio – This American Life		"380: No Map" Reporter Chris Arnold visits a foreclosure prevention event to find out the painful truth about the mortgage crisis and how Ocwen has helped borrowers stay in their homes.
	The Washington Post		"More Homeowners Getting Aid, but Demand Keeps Rising" by Renae Merle Ocwen has offered about 35,000 modifications under the Obama administration’s foreclosure prevention plan. The administration’s plan has outperformed the government’s previous attempts.