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Real Estate & Property Law

: The Home Equity Theft Reporter

Firm With History Of Some Controversy Gets Freddie Mac Loan Servicing Contract

By r morris

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ProPublica reports:Last month, Freddie Mac introduced a pilot program designed to guide 5,000 homeowners with high-risk mortgages through the loan-modification process, but it outsourced the job to [Ocwen Financial Corp.,] a subprime loan servicer with a history of customer dissatisfaction and run-ins with the federal government.(1)ProPublica?s Alexandra Andrews reports on the past problems Ocwen

Full post as published by The Home Equity Theft Reporter on March 26, 2009 (boomark / email).

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