Ocwen Reports Good Load Modification Performance

Florida based Ocwen Financial Corporation said Thursday that it is seeing “solid success” with its own loan modification program. Touting a technology-based, loan-by-loan approach to modification, Ocwen said at the six-month mark, the 60-day delinquency rate on its modified loans stands at 24.6 %.
That’s well below industry data from the Office of the Comptroller of [...]

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