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Ocwen Engages in Community Outreach to Help Distressed Borrowers

avoid-foreclosureOcwen Financial has announced a partnership with several communities and non-profits in order to reach out to assist borrowers who are in need of mortgage assistance and keep them in their homes.

The Atlanta-based servicer's outreach, which is scheduled to take place in 10 cities across California, New York, Illinois, Wisconsin, and Florida, is part of Ocwen's continued effort to partner with community leaders and non-profit housing organizations to provide solutions to struggling homeowners.

"Hardworking homeowners in many neighborhoods across the nation still feel the effects of the 2008 housing crisis," said Jill Showell, SVP of Government and Community Relations at Ocwen. "By partnering with respected leaders and organizations within these communities, we aim to bring trusted advice to borrowers to help maintain the dream of owning a home."

Ocwen's home retention agents will be present at the upcoming events to offer free face-to-face individualized advice to help struggling homeowners find the right mortgage solution, according to Ocwen. HUD-approved financial counselors will also be present and will be available for homeowners to meet with them one-on-one.

"Hardworking homeowners in many neighborhoods across the nation still feel the effects of the 2008 housing crisis."

Ocwen has scheduled the following events as part of the outreach effort this fall. Homeowners in these areas with Ocwen-serviced mortgage loans are invited to participate and receive information and assistance ranging from a Request for Mortgage Assistance package to information about state and local foreclosure prevention programs:

Ocwen has completed about 520,000 loan modifications nationwide to date, which include 290,000 modifications through the government's Home Affordable Modification Program (HAMP).

About Author: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

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