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Ocwen in the News
"In Ohio, a fresh approach to help struggling homeowners"
The Christian Science Monitor
An article describing how Ocwen worked with ESOP (Empowering and Strengthening Ohio's People), a HUD-certified foreclosure-prevention counseling agency, to keep a homeowner in his home by enrolling him in Ocwen's principal reduction modification program.
"New approach to helping underwater homeowners"
Inman News
A profile article on Ocwen highlighting the successes the company has had with the Shared Appreciation Modification (SAM) program, which allows homeowners to restore equity on their homes.
"Ocwen praised for 'bold' mortgage modifications"
The Palm Beach Post
In an address announcing that five million home loans have been modified nationally, HOPE NOW -- an industry-created group that includes loan servicers, investors and housing counselors -- praised Ocwen Financial Corporation's "bold" loan modification programs, including one that lowers the amount owed on an underwater loan.
"Housing Leaders Congregate to Seek Housing Market Solutions"
National Mortgage Professional
Ocwen hosted a roundtable entitled “America’s Housing Crisis: Solutions to the Changing Landscape” where representatives from grassroots and housing advocacy organizations engaged in discussions with officials from the U.S. Department of Treasury, the Federal Deposit Insurance Corporation (FDIC), the Federal Housing Finance Agency (FHFA), Freddie Mac, Fannie Mae and HOPE NOW Alliance.
"New Mortgage Program Assists Borrowers and Investors"
Chicago Tribune
Representatives from Moody's Investor Service discuss the unique features of Ocwen's Shared Appreciation Modication (SAM) program that help it resolve underwater loans in securitizations.
"Hundreds Seek Foreclosure Prevention Help in West Palm Beach: Mortgage Companies and Non-Profits Team Up to Help"
NBC 5 West Palm Beach (WPTV)
Representatives from Ocwen, including President and CEO Ron Faris, met with customers face-to-face to discuss mortgage modifications and other housing crisis solutions at a HOPE Now event in West Palm Beach.
"Ocwen's Novel Mods Could Improve Underwater Loan Resolutions in MBS"
National Mortgage News
Representatives from Moody's Investor Service discuss the unique features of Ocwen's Shared Appreciation Modication (SAM) program that help it resolve underwater loans in securitizations.
"Ocwen Financial Offers a Lifeline to Underwater Borrowers"
The Washington Post
Ocwen’s expansion of its Shared Appreciation Modification (SAM) program will encourage eligible homeowners borrowers by allowing them to restore equity in their homes.
"Focus on Foreclosure"
12 News, NBC Phoenix, Arizona
NBC Phoenix highlights the potential of Ocwen's Shared Appreciation Modification (SAM) program to help homeowners prevent foreclosure and serve investors.
"Ocwen's Edge"
Mortgage Banking Magazine
A profile on Ocwen that highlights its work with community groups to help homeowners, outstanding HAMP performance and how the company has grown to become a leader in the loan servicing space.
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