News

We are committed to engaging with the public and the media about recent events and the latest developments. We captured below some of the recent coverage related to the company and its mission of helping homeowners.

For press inquiries, please email us at mediarelations@ocwen.com. Please include your name, contact information, your publication and your deadline.

Ocwen Assists 30,000-Plus Struggling Families in Q1 and Q2

August 30, 2017

National Mortgage Professional
Ocwen helped approximately 30,000 families avoid foreclosure and remain in their homes in the first six months of 2017.

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Ocwen's State-by-State Loan Modification Data

August 29, 2017

Click on the link below to see Ocwen’s state-by-state loan modification data since January 1, 2008 through June 30, 2017.

State-by-State Ocwen Modification Activity

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North Carolina Homeowners to Receive Assistance from Ocwen and Centre for Homeownership & Economic Development Corporation

August 2, 2017

Ocwen
Ocwen will join the Centre for Homeownership & Economic Development Corporation (CHOEDC), a HUD certified housing counseling agency, to host an outreach event for borrowers in North Carolina on Thursday, August 3, 2017. The event is part of Ocwen’s “Summer of Help & Hope” initiative, a series of borrower outreach events designed to help struggling homeowners explore options to better afford their homes and avoid foreclosure.

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CUSTOMER CONNECTION: JULY 2017

July 28, 2017

In this month’s Ocwen Customer Connection, learn why you might want to go paperless with your monthly mortgage statements, how you can turn your increased home equity into cash, how a reverse mortgage can be helpful in retirement planning, and where we are hosting borrower outreach events this summer.

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OCWEN, NAACP, AND NID BRINGING "HELP & HOPE" TO STRUGGLING MIAMI HOMEOWNERS

July 25, 2017

DS News
Ocwen Financial Corporation, the National Association for the Advancement of Colored People (NAACP), and NID Housing Counseling Agency (NID) are working together to host an event on Saturday, July 29 for struggling homeowners in the Miami area. This event is part of Ocwen’s “Summer of Help & Hope” series, an initiative to bring responsible mortgage solutions to struggling homeowners across the U.S.

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Ocwen and the National Asian American Coalition to Hold Borrower Outreach Event in Las Vegas

July 6, 2017

Mortgage servicer and non-profit team up to assist struggling homeowners

Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, will join the National Asian American Coalition (NAAC), a HUD-approved non-profit that promotes sustainable homeownership, at an outreach event for borrowers in Las Vegas, Nevada on Saturday, July 8, 2017. The event is the latest in Ocwen’s “Summer of Help & Hope” initiative, a series of events designed to help struggling homeowners explore options to better afford their homes and avoid foreclosure.

The event will be held from 9am – 2pm Pacific Time at St. Sharbel Maronite Catholic Church located at 10325 Rancho Destino Road in Las Vegas. Ocwen customers who are behind on their mortgage payments or struggling to meet their monthly mortgage obligations will have the opportunity to meet one-on-one with Ocwen Home Retention Agents and NAAC housing counselors to discuss loan modification options. Both admission and parking are free for all attendees.

“At Ocwen, we are committed to helping families remain in their homes whenever possible,” said Jill Showell, Senior Vice President of Government and Community Relations at Ocwen. “NAAC shares our commitment to empowering people in underserved communities through homeownership, so this collaboration is a natural fit. We look forward to meeting some of our borrowers face-to-face in Las Vegas and working together to make their homes more affordable.”

Ocwen currently services more than 16,000 loans in Nevada. From January 1, 2008 through March 31, 2017, Ocwen has provided borrowers in the state more than 10,000 loan modifications. Approximately 40 percent of these modifications included principal forgiveness totaling more than $312.5 million, or on average $77,500 per loan. These modifications greatly benefited homeowners who owed more on their mortgage than their home was worth. According to May 2017 data from RealtyTrac, an organization which provides data on real estate trends, one in every 988 homes in Las Vegas is in foreclosure, well above the U.S. average of one in every 1,620.

“Homeowners in the Las Vegas area have been particularly hard hit by the foreclosure crisis,” said Faith Bautista, President and CEO of NAAC. “Many borrowers don’t know where to turn for advice and have questions about their options. Working alongside Ocwen, NAAC looks forward to providing answers and helping our neighbors stay in their homes.”

Homeowners interested in attending the event can RSVP by emailing npenaflor@naac.org. For more information visit www.OcwenCares.com/Events.

 

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Ocwen and GreenPath Financial Wellness Hold “Summer of Help & Hope” Borrower Outreach Event in Wisconsin

June 27, 2017

Milwaukee event helped struggling homeowners prevent foreclosure and better afford their homes

Ocwen and GreenPath Financial Wellness (GreenPath), a nationwide, non-profit financial counseling and education organization, hosted a borrower outreach event in Milwaukee, Wisconsin, as part of Ocwen’s “Summer of Help & Hope” borrower outreach event effort. The “Summer of Help & Hope” initiative is focused on helping struggling homeowners explore options to better afford and remain in their homes.

This event, which focused on foreclosure prevention, was held on June 22, 2017, from 2:00 pm – 7:00 pm Central Time at GreenPath’s offices at 10101 W Greenfield Ave., Suite 110, Milwaukee, Wisconsin.

At this event, Ocwen customers who are struggling to meet their mortgage obligations had the opportunity to meet one-on-one with Ocwen Home Retention Agents and GreenPath housing counselors to discuss loan modification programs that could help reduce their monthly payments.

Ocwen currently services more than 12,870 loans in Wisconsin, and from January 1, 2008 through March 31, 2017, Ocwen has provided borrowers in the state more than 8,150 loan modifications. Approximately 32 percent of these modifications included principal forgiveness totaling more than $91.9 million, or on average $34,600 per loan. These modifications greatly benefited homeowners who owed more on their mortgage than their home was worth.

“Affordable homeownership stabilizes families and builds strong communities,” said Jill Showell, Senior Vice President of Government and Community Relations at Ocwen. “We appreciate the opportunity to work with GreenPath, a well-respected non-profit organization experienced in helping struggling homeowners find the right solution for their individual situation, and were encouraged homeowners in need of assistance attended the event.”

Since January 1, 2008, Ocwen has granted over 735,000 loan modifications, including approximately 75,000 in 2016, and is responsible for 20 percent of all modifications under the U.S. Department of the Treasury Home Affordable Modification Program, the federal government’s leading modification program. Ocwen also has provided billions of dollars in principal forgiveness to homeowners at risk of foreclosure.

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Ocwen Announces “Summer of Help & Hope” Borrower Outreach Events to Assist Struggling Homeowners

June 14, 2017

Ocwen
Ocwen announced the launch of its “Summer of Help & Hope” borrower outreach event effort to help struggling homeowners explore how to better afford and remain in their homes.

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Ocwen and HomeFree-USA to Assist Struggling MD Homeowners

June 6, 2017

National Mortgage Professional
Ocwen Financial Corporation and HomeFree-USA will co-host a borrower outreach event in Riverdale, Md. to help Maryland homeowners who are struggling to meet their mortgage obligations.

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Mayor Barrett Highlights Housing Efforts through Partnership with Ocwen

March 6, 2017

Urban Milwaukee
Mayor Tom Barrett was joined by representatives from Ocwen Financial Corporation, (NYSE: OCN), a leading financial services holding company, to highlight the 2016 results of the partnership between the City and Ocwen.

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“We got a house!” Mayor Barrett highlights Milwaukee's partnership with Ocwen to get homeowners into once-vacant homes

March 6, 2017

FOX6
Mayor Barrett was joined by representatives from Ocwen Financial Corporation, community leaders and residents to highlight the 2016 results of the partnership between the City of Milwaukee and Ocwen to get homeowners into once-vacant homes.

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Ocwen, NID, and NAACP Team Up to Help Borrowers in Los Angeles, California

February 22, 2017

Ocwen
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, is collaborating with NID Housing Counseling Agency (NID), a U.S. Department of Housing and Urban Development (HUD)-approved housing counseling organization headquartered in Oakland, CA, and the NAACP to host their first homeowner outreach event of 2017 in Los Angeles, California on Saturday, February 25.

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Ocwen's Board Chair Makes Diversity Her Mission

February 15, 2017

National Mortgage News
When Phyllis Caldwell was considering whether to accept a seat on Ocwen’s board of directors, one of the items she prioritized was the company’s commitment to diversity.

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Can Ocwen Reinvent Itself?

February 14, 2017

National Mortgage News
Few companies attacked the financial-crisis fueled boom in distressed servicing as aggressively as Ocwen Financial Corp., and not many have survived as abrupt a reversal of fortune as the company has faced.

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720,000 Loan Modifications - Helping Homeowners Remain in Their Homes

January 30, 2017

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Ocwen Helps 75,000 Homeowners Avoid Foreclosure in 2016

January 13, 2017

National Mortgage Professional Magazine
Ocwen Financial Corporation has announced that the company helped approximately 75,000 homeowners avoid foreclosure through responsible loan modification programs in 2016. These modification programs include both the U.S. Department of the Treasury Home Affordable Modification Program (HAMP), as well as proprietary modifications for those homeowners who did not qualify for a HAMP modification.

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A Holiday Message from Ron Faris, CEO of Ocwen

December 28, 2016

 

Dear Homeowner,

On behalf of Ocwen employees worldwide, I’d like to wish you and your loved ones a happy holiday season and prosperous 2017. Our mission is to help make the dream of homeownership a sustainable reality for Americans from all walks of life. We are proud of the role we play in providing the families we serve with the means to stay current on their mortgages through a wide range of responsible financing options – from sustainable loan modifications to cost-saving home refinancing and reverse mortgage solutions.

In 2016, we continued to proactively reach out to help many of you find better options to afford your homes. Working with leading community-based organizations in areas where homeowners are still struggling from the lingering effects of the housing crisis, Ocwen has helped thousands of families obtain loan modifications that allowed them to remain in their homes. Since 2008, Ocwen has completed more than 700,000 loan modifications nationwide.

This year, Homeward Residential, our lending subsidiary, helped thousands of Ocwen customers refinance into lower interest rates and better terms. As a result, our customers have saved on average $2701 per month through our refinancing solutions. We also provided education and support to senior homeowners who wanted to learn more about reverse mortgages. Our subsidiary, Liberty Home Equity Solutions, is proud to have educated more than 80,000 homeowners and their families over the past 12 months.

In 2016, we also continued to affirm our commitment to diversity. Our customers represent a wide range of demographic and geographic profiles. To serve our customer base better, we have made diversity in our workforce a business imperative for Ocwen. Recently, our Board Chair, Phyllis Caldwell, talked about Ocwen’s commitment to diversity and inclusion and shared her own personal story in an article featured in a leading mortgage industry publication. I invite you to take a moment to read the article.

At Ocwen, all of us are proud of the things we have accomplished this year on behalf of our homeowners. We look forward to continuing to serve you in 2017.

Sincerely, 
Ron Faris

President and CEO
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Ocwen and NeighborWorks® Sacramento Launch Targeted California Campaign To Help Struggling Borrowers

December 12, 2016

Ocwen
Ocwen Financial Corporation and NeighborWorks® Sacramento are reaching out to approximately 1,400 Ocwen customers in California who are behind on their mortgage payments and could benefit from a loan modification.

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Straight Into the Fire - Exclusive Interview with Phyllis Caldwell, Chair of Ocwen's Board of Directors

December 1, 2016

MReport 
Typically, wherever there is smoke, there is fire. And wherever there is fire, there is Phyllis Caldwell moving in to help.

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CUSTOMER CONNECTION: NOVEMBER 2016

November 29, 2016

In this month’s Ocwen Customer Connection, learn why you might want to go paperless with your monthly mortgage statements,  how to beat rising interest rates, and smart winter maintenance tips for your home.

 

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DSNews Diversity Issue Features Ocwen Human Resources Leader

October 18, 2016

DSNews
A Q&A with Lola Oyewole, Human Resources Leader of U.S Operations at Ocwen, discusses Ocwen’s vision for a diverse and inclusive workplace and what the company is doing to ensure customer-facing team members reflect the population they are serving.

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Ocwen Hosts Fifth Community Advisory Council Meeting in Washington, D.C.

October 14, 2016

Ocwen
Ocwen Financial Corporation (NYSE:OCN) held the company’s fifth Community Advisory Council meeting on Friday, September 30, 2016 in Washington D.C. The biannual meeting brings together national, regional, and local non-profit housing counseling, community development, and civil rights organizations to discuss important challenges facing the housing industr

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OCWEN AND NID JOIN FORCES WITH NAACP TO ASSIST STRUGGLING HOMEOWNERS IN SACRAMENTO, CALIFORNIA

October 6, 2016

Ocwen
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, and NID Housing Counseling Agency (NID), a U.S. Department of Housing and Urban Development (HUD)-approved counseling organization headquartered in Oakland, CA, will host a borrower outreach event on Saturday, October 8, 2016 in Sacramento, California.

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Ocwen Dominates Initial Streamline HAMP Mods

September 27, 2016

Inside Nonconforming Markets
Ocwen Financial accounted for slightly more than half of the modifications completed under the new Streamline Home Affordable Modification Program offering, according to the company.

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MHA Report Shows Ocwen Leader in HAMP Programs

September 19, 2016

DS News
Ocwen Financial Corporation recently announced that according to the recently released U.S. Department of the Treasury Making Home Affordable Performance Program (MHA) Report, Ocwen is the leader in helping struggling homeowners stay in their homes through the Home Affordable Modification Program (HAMP), according to a recent report from Ocwen.

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Ocwen Grants Nearly 700,000-Plus Loan Mods

September 19, 2016

National Mortgage Professional Magazine
Ocwen Financial Corporation has announced that according to the recently released U.S. Department of the Treasury Making Home Affordable Performance Program (MHA) Report, Ocwen is the leader in helping struggling homeowners stay in their homes through the Home Affordable Modification Program (HAMP).

Since Jan. 1, 2008, Ocwen has granted more than 680,000 loan modifications, and the company continues to lead the industry in offering innovative mortgage solutions.

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Washington State Homeowners Attend Ocwen & NAACP Event

September 13, 2016

Ocwen
Ocwen Financial Corporation (NYSE: OCN) and the Seattle King County NAACP announced today that 45 borrowers attended a Help & Hope for Homeowners event held Saturday to assist borrowers located in the Seattle-Tacoma area of Washington state. Homeowners who participated met face-to-face with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development (HUD)-approved financial counselors to receive personalized advice to make their
mortgages more affordable.

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Ocwen Reaches Out To Help Homeowners In Washington State

August 31, 2016

PROGRESS in Lending Association
Ocwen Financial Corporation, along with the Seattle King County NAACP, will host a Help & Hope for Homeowners borrower outreach event in Des Moines, Washington on September 10, 2016. The event will be held in Des Moines to attract borrowers from Seattle and Tacoma as well as the surrounding areas, where delinquency rates remain relatively high.

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Nearly 100 Borrowers Attend Ocwen-NID Borrower Outreach Event In San Bernardino To Explore Loan Modification Options

July 27, 2016

Ocwen
Ocwen Financial Corporation (NYSE: OCN), a leading financial services holding company, and NID Housing Counseling Agency (NID), a U.S. Department of Housing and Urban Development (HUD)-approved counseling organization headquartered in Oakland, CA, announced today that nearly 100 Ocwen borrowers attended their July 23 borrower outreach event at NID offices in San Bernardino, CA.

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Protecting and Encouraging Homeownership is the Key to Stabilizing California Communities

July 22, 2016

National Mortgage Professional Magazine
On July 23 in San Bernardino, Calif., NID Housing Counseling Agency (NID) will hold an outreach event with Ocwen Financial Corp. to help distressed borrowers in California find solutions to better afford their homes and, in many cases, avoid foreclosure.

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OCWEN AND NID TO HOLD BORROWER OUTREACH EVENT IN SAN BERNARDINO

July 19, 2016

Ocwen
Ocwen Financial Corporation (NYSE:OCN), a leading financial services holding company, and NID Housing Counseling Agency (NID), a U.S. Department of Housing and Urban Development (HUD)-approved counseling organization headquartered in Oakland, CA, will host a borrower outreach event on Saturday, July 23, 2016 in San Bernardino, California.

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Ocwen Records 4,100 Permanent HAMP Streamlined Modifications

July 8, 2016

National Mortgage News
Ocwen Financial Corp. in West Palm Beach, Fla., has converted more than 4,100 trial plans into permanent modifications through the Treasury Department’s streamlined modification program.

Since the Home Affordable Modification Program’s streamlined process went into effect in January, Ocwen has initiated more than 14,000 trial plans, the company said Friday.

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Ocwen Amps Up Borrower Outreach Efforts In California With NID

July 4, 2016

DS news
Ocwen Financial Corporation and Oakland-based NID Housing Counseling Agency will team up for a late-July event aimed squarely at low-to- moderate income and minority communities in California.

The combined effort is scheduled for Saturday, July 23, in San Bernardino, as a way to discuss home ownership and prevent foreclosures in lower-income areas.

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Ocwen and NAACP Hosted Successful Event, Providing Real Solutions To Florida’s Struggling Borrowers

June 8, 2016

Ocwen
Ocwen Financial Corporation (OCN), a leading financial services holding company, and the Florida State Conference of the NAACP announced today that approximately 50 Ocwen borrowers attended the first Help & Hope for Homeowners event of 2016 in Delray Beach, FL.

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Ocwen & NAACP To Help Homeowners At Delray Beach Event

June 2, 2016

WFMY News 2
Homeowners who need assistance avoiding foreclosure can attend a free event Saturday in Delray Beach.

Mortgage company Ocwen Financial Corp. and the National Association for the Advancement of Colored People will host Help & Hope for Homeowners from 9 a.m. to 3 p.m. at Pompey Park Recreation Center, 1101 NW Second St.

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Ocwen Surpasses Consumer Relief Requirements of the National Mortgage Settlement

April 28, 2016

SteetInsider.com
Ocwen Financial Corporation (NYSE: OCN) announced today that the Office of Mortgage Settlement Oversight (OMSO) has confirmed that the company has fulfilled its Consumer Relief Requirements under the National Mortgage Settlement (NMS) by exceeding its obligations well ahead of the February 27, 2017 deadline.

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Ocwen and the NAACP Will Continue to Provide Help & Hope for Homeowners in 2016

April 5, 2016

Housing Wire
Ocwen Financial Corporation (NYSE:OCN) and the NAACP announced today that they have renewed their successful “Help & Hope for Homeowners” borrower outreach events for 2016. “Help & Hope for Homeowners” offers struggling borrowers the opportunity to receive in-person, individualized mortgage counseling to help them better afford and remain in their homes.

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Ocwen Continues To Help - Family In Tears After Call For Action Saves Their Home

February 19, 2016

WFMY News 2
Judi gets to unpack her home of almost 15 years, after spending more than a year living with boxes everywhere. “We have boxes in every room,” said Judi, a Kingman resident, who asked that her last name not be used. She and her husband thought they were about to lose their home.

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Ocwen Discusses How To Maximize Its Impact In Communities Across The U.S.

February 16, 2016

Ocwen
On Tuesday, February 9, 2016, Ocwen Financial Corporation (OCN) held the fourth meeting of the company’s Community Advisory Council, a diverse group of national, regional, and local non-profit housing counseling, community development, and civil rights organizations.

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City of Milwaukee and Ocwen Work Together on Homeowner Assistance Plan

January 26, 2016

National Mortgage Professional Magazine
The City of Milwaukee and Ocwen Financial Corporation have announced an initiative to provide substantial assistance through a five-part plan designed to help Milwaukee homeowners meet housing needs over the next three years (2016-2018). Mayor Tom Barrett and Common Council President Michael J. Murphy said the company will provide the assistance through a combination of Ocwen, City of Milwaukee and local non-profit programs to help residents throughout the city keep and repair their homes.

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A Holiday Message From Ronald M. Faris, CEO of Ocwen

December 17, 2015

Ocwen Holiday Message

Dear Ocwen Costumers,

During this holiday season, our emotional ties to home are stronger than ever. Whether appreciating memories of holidays past or anticipating connecting with family and friends this year, home is at the center of our holiday experience.
All of us at Ocwen are proud of our role in helping to create these memories. We are committed to helping our customers at every stage of their homeownership journey by providing affordable refinancing and home purchase mortgage products, assistance for homeowners recovering from a financial setback, and responsible reverse mortgages to help borrowers unlock the wealth in their home for a better future.

We care that our customers stay in their homes, and by doing so, we help keep our communities strong. Over the last few years, Ocwen has completed more than 627,000 loan modifications to help customers stay current on their mortgages.

To further help struggling homeowners we launched this new website Ocwen Cares, which provides access to valuable information and community resources. We invite you to watch the moving video testimonials from homeowners. These stories remind us at Ocwen that our main responsibility is to you, our customer.

From our Ocwen family to yours, I want to personally wish you a Happy Holiday Season and a prosperous New Year.

Best Regards,

RonFaris100

Ronald M. Faris
Ocwen President & CEO

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South Florida needs more mortgage debt forgiveness

December 8, 2015

Sun Sentinel
South Florida was hit significantly harder by the 2008 mortgage, housing, banking and economic crises than most other regions of the U.S. While conditions have improved from the depths of the crises, South Florida continues to lag behind the nation as a whole in the housing market recovery.

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More Than 325 Attend Ocwen/NAACP “Help & Hope For Homeowners” Event

November 17, 2015

National Mortgage Professional Magazine
Ocwen Financial Corporation and the NAACP Maryland State Conference recently hosted a “Help & Hope for Homeowners” event in Upper Marlboro, Md. to offer struggling Maryland homeowners the opportunity to receive in-person, individualized advice, and mortgage solutions to help them remain in their homes.

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Borrower Outreach Events Proving Successful at Preventing Foreclosures

November 17, 2015

DSNews
Foreclosures have been continually on the decline nationwide for a few years. While much of the decline can be attributed to a recovering economy, another driver of the drop in foreclosures is increased borrower outreach efforts from various organizations.

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Homeowner event to assist borrowers in preserving homeownership

November 13, 2015

The Baltimore Times
The Maryland State Conference of NAACP Branches, along with Ocwen Financial Corporation, a leading financial services holding company, will hold the fourth local homeowner outreach event to help borrowers stay in their homes on Saturday, November 14, 2015.

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Ocwen Partners With the NAACP on Homeownership Preservation Event

October 30, 2015

National Mortgage Professional Magazine
The Maryland State Conference of NAACP Branches, along with Ocwen Financial Corporation, has announced its fourth local homeowner outreach event to help borrowers stay in their homes. The Maryland Help and Hope for Homeowners event, scheduled for Saturday, Nov. 14, will offer homeowners in Prince George’s County, surrounding areas in Maryland, and the Washington, D.C. metropolitan area, the opportunity to meet with Ocwen Home Retention Agents and U.S. Department of Housing & Urban Development (HUD) approved financial counselors to explore loan modification options, including principal reduction.

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The executive director of Neighborhood Housing Services reflects on the organization's past 10 years and looks to the future

October 25, 2015

Cleveland.com
Incorporated in1975, Neighborhood Housing Services of Greater Cleveland (NHSGC) is one of the oldest community development corporations in Cleveland. It is also one of the first Neighborhood Housing Services program in the country.

Its mission is to “provide ongoing programs and services for achieving, preserving and sustaining the American dream of homeownership.” Funding comes from grants, public and private institutions and individual donations.

Lou Tisler, executive director of the NHSGC for the past 10 years, reflects on the past and looks to the future.

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Ocwen Borrower Receives Client of the Year Award for Homeownership Success Story

October 2, 2015

Ocwen
Ocwen Financial Corporation (NYSE:OCN) today celebrated the winning nomination of the McBride family for the National Foundation for Credit Counseling (NFCC) Professional Achievement and Counseling Excellence (PACE) Housing Client of the Year award, presented at the 2015 NFCC 50th Annual Leaders Conference.

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Help & Hope for Homeowners Event

October 1, 2015

New York Amsterdam News
The NAACP and the Ocwen Financial Corporation hosted the third Help & Hope for Homeowners event Saturday, Sept. 26 at the Long Island Marriott in Uniondale, N.Y. The NAACP and Ocwen assist homeowners in securing and maintaining homes that have been affected by the real estate crash.

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Report: Foreclosure crisis resonates on LI

September 26, 2015

News 12 Long Island
A new report shows that many homeowners in Suffolk and Nassau counties have not yet recovered after being hit hard during the foreclosure crisis.

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Ocwen CEO Ron Faris Honored With HomeFree-USA's Community Champion Award

September 16, 2015

National Mortgage Professional Magazine
Ocwen Financial Corporation has announced that its President and CEO Ron Faris was presented with the Community Champion Award from HomeFree-USA, a counseling agency and homeownership development organization.

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Bank donates historic house to Village of Nyack

September 16, 2015

Mid-Hudson News Network
The John Green House, the second oldest home in Nyack, is now back in the village’s hands. Ocwen Loan Servicing agreed to turn over the dilapidated, long-abandoned building after the John Green Preservation Council presented its case for the history of the building.

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Ocwen, NAACP Team To Help Struggling Borrowers

September 9, 2015

Mortgageorb
Garry Anthony Johnson is economic development chairman for the New York State Conference National Association for the Advancement of Colored People (NAACP), which recently launched a partnership with mortgage servicer Ocwen Financial Corp. to help homeowners who are struggling with their mortgages. MortgageOrb recently interviewed Johnson to find out more about the partnership, as well as the challenges that African American and other minority families face in this current housing market.

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Ocwen Partners With NAACP on Homeownership Preservation Event on Long Island

September 2, 2015

NationalMortgageProfessional.com
The NAACP New York State Conference, in partnership with Ocwen Financial Corporation, has announced its third local homeowner outreach event to help struggling borrowers.

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Opinion: We need extension of mortgage-forgiveness measure

August 25, 2015

NorthJersey.com
Estimates are that 7.4 million Americans are still in the position of owning a home with a value worth less than their loan balance.

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Ocwen Engages in Community Outreach to Help Distressed Borrowers

August 24, 2015

DSNews.com
Ocwen 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.

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How servicers can change the conversation with consumers

July 1, 2015

HousingWire
“Bad letters damage the brand,” Katherine Porter says. “There’s a contagion effect of this. I think bad letters are unjust. They disproportionately harm the borrowers we need to help the most.”

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Lawmakers' Inaction Could Put Homeowners in Double Jeopardy

June 25, 2015

American Banker
Early next year, thousands of American homeowners may get an unpleasant surprise in the mail: a tax statement from their mortgage lender announcing that they may owe tens of thousands of dollars in federal income taxes.

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Ocwen Making Progress Under CEO Ron Faris

May 4, 2015

National Mortgage Professional
After last week’s earning results and update to the investment community, it seems that investors are starting to believe in Ocwen Chief Executive Officer Ron Faris’ strategy to build a stronger and better company.

 

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Nonprofits Urge Federal Officials To Investigate Suspected 'Pro-Foreclosure Campaigns'

April 15, 2015

MortgageOrb
A group of nonprofits that promote affordable housing and community development has sent a letter to top federal officials calling for an investigation into suspected pro-foreclosure campaigns run by hedge funds, mortgage bond traders and insurance companies.

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Servicers Should Engage Mediators in Distressed Borrower Outreach

March 25, 2015

National Mortgage News
Eight years after the housing market crash, and amid positive housing reports for 2015, millions of American homeowners are still in trouble, are non-responsive to lenders, and are in danger of losing their homes.

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