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Loan Modification

: Loan Modification & Home Loan News

OneWest Bank Announces Adoption of the HAMP Principal Reduction Program

By Evan Bedard

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PASADENA, Calif.–(BUSINESS WIRE)–OneWest Bank, FSB, a Pasadena-based regional bank, today announced that it has implemented the Principal Reduction Alternative (PRA) loan modification program as outlined under the Home Affordable Modification Program (HAMP). With this announcement, OneWest becomes one of the first servicers to launch the program. ?We are pleased to now offer principal reduction as [...]

Full post as published by Loan Modification & Home Loan News on October 05, 2010 (boomark / email).

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