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Real Estate & Property Law

: Housing Wire

Ocwen Touts ?Solid Success? in Load Mod Performance

By KELLY CURRAN

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West Palm Beach, Fla.-based Ocwen Financial Corporation (OCN: 8.30 +0.73%) 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 percent. That’s well below industry data from the [...]

Full post as published by Housing Wire on December 11, 2008 (boomark / email).

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