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Tag Archives: Ocwen Financial

Ocwen Financial Corp Comments on 15 State Resolutions

Ocwen Financial Corp announced it has entered into agreements to resolve its pending regulatory actions with 15 total states. See the details of the SEC 8K filing here.

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Ocwen Prevents 75,000 Homeowners From Foreclosure

The servicer helped homeowners through the U.S. Department of the Treasury Home Affordable Modification Program (HAMP) and proprietary modifications for homeowners who were ineligible for HAMP modification.

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Freddie Mac Completes Largest Deeply Delinquent Loan Sale Ever at $1.1 Billion

Approximately 33 percent of the aggregate pool balance consisted of loans that were modified and later became delinquent. The aggregate pool has a loan-to-value ratio of approximately 91.1 based on broker price opinion and is geographically diverse, according to Freddie Mac.

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