The United States was hit hard by the housing crisis. Here’s how financial services holding company Ocwen is working to help families save their mortgages and stay in their homes.
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Ocwen Teams With Housing Group to Aid Distressed New York Homeowners
Ocwen Financial Corp. found trouble in New York last year when a top regulator's investigation revealed that the servicer had sent erroneously dated correspondence to about 7,000 borrowers. Over the weekend, however, Ocwen made positive news in New York when it teamed with Neighborhood Housing Services of New York City to reach out to aid struggling homeowners who were at risk of foreclosure.
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