Ocwen unveils new principal reduction program

Ocwen unveils new principal reduction program


  1. Center Hillary commented jill showell, Senior Vice.

    Homeowner Resources. At Ocwen, we know that there is no "one-size-fits-all" solution for homeowners facing financial challenges. That’s why we work directly with our customers to explore a full range of options to help them save money and stay in their homes.

    PRINCIPAL REDUCTION MODIFICATION . BACKGROUND. The Federal housing finance agency (fhfa) undertook an extensive evaluation to determine whether to implement a Principal Reduction Modification program for seriously delinquent, underwater borrowers whose loans are owned or guaranteed by Fannie Mae or Freddie Mac (the Enterprises).

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