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Ocwen Offering Mortgage Modifications That Restore Equity for Underwater Borrowers but Let Loan Investors Share in Appreciation When Market Recovers

Source :
GlobeNewswire. July 26, 2011
Publication Year :
2011

Abstract

Byline: Staff WASHINGTON, Jul 26, 2011 (GlobeNewswire via COMTEX) -- Ocwen Financial Corporation (NYSE:OCN), servicer of residential mortgages, has initiated a loan modification program designed to help distressed homeowners who [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
GlobeNewswire
Publication Type :
News
Accession number :
edsgcl.262490316