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Loan Modification

: Mortgage Lender Implode-o-Meter

Ocwen Leads Mortgage Servicers in Converting Federal HAMP Trial Loan Modifications to Permanent Status

By Implode-Explode Heavy Industries

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"Ocwen Financial Corporation /quotes/comstock/13*!ocn/quotes/nls/ocn (OCN 11.83, -0.21, -1.74%) , servicer of subprime mortgages, has converted the highest percentage of trial loan modifications for distressed homeowners to permanent status, when compared with the other servicers participating in the U.S. Treasury Department's Home Affordable Modification Program (HAMP)."

Full post as published by Mortgage Lender Implode-o-Meter on May 18, 2010 (boomark / email).

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