Ocwen

Ocwen Offering Mortgage Modifications That Restore Equity for Underwater Borrowers But Let Loan Investors Share in Appreciation When Market Recovers

WASHINGTON, Jul 26, 2011 (Source: MarketWatch) — Ocwen Financial Corporation OCN -0.61% , servicer of residential mortgages, has initiated a loan modification program designed to help distressed homeowners who owe more than their houses are worth and, at the same [...]


Posted in Loan Modification News | Tagged , , , , , | Leave a comment

Goldman Sachs Said to Be Poised to Sell Litton Mortgage Business to Ocwen

(Source: Bloomberg By Christine Harper) – Goldman Sachs Group Inc. (GS) is closing in on the sale of Litton Loan Servicing LP to Ocwen Financial Corp. (OCN), two months after writing down the value of the mortgage- servicing business by [...]


Posted in Mortgage News | Tagged , , , , | Leave a comment

Useful Information

Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News