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Posts Tagged ‘ hamp government program ’

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Ocwen Financial Corp is among top HAMP conversion rates to permanent loan modifications

Information on Ocwen Financial Corp Loan Modification Ocwen Federal Bank (800) 746-2936 or (877) 596-8560 HAMP government program explanation, eligibility links, calculators and more Attention: Financial Information 12650 Ingenuity Drive Orlando, Florida 32826 or Ocwen Financial Corporation 1661 Worthington Rd., Suite 100 West Palm Beach, Florida 33409 Phone: 877-226-2936 For serving Ocwen with legal...
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14-percent of Wells Fargo trial modification customers fail to make all three payments

14-percent of Wells Fargo trial modification customers fail to make all three payments At Wells Fargo & Co., about 14 percent of the customers who make one payment in the trial loan modification phase don’t end up making all three to qualify for a permanent reduction, said Mike Heid, co-president of Wells Fargo Home...
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HAMP program is dragging out the foreclosure process according to expert

HAMP program is dragging out the foreclosure process according to Louis Amaya, chief operating officer of National Asset Direct Inc., a New York-based asset manager In late 2008, banks dumped many of their foreclosed homes on the market, pushing prices down sharply in some areas. Around that time, though, banks began acquiring fewer homes...
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Republicans call HAMP a failure but offer no other solutions

Republicans call HAMP a failure but offer few suggestions for improvement The Obama administration’s loan modification program is a “failure” that is hurting more homeowners than it is helping, according to a report issued by Republicans on the House Oversight and Government Reform Committee. Representatives Darrell Issa, R-Calif., and Jim Jordan, R-Ohio, claim the...
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Borrowers in HAMP program rose by only 1-percent from a month earlier

Borrowers in HAMP program rose by only 1-percent from a month earlier – marginal increase The U.S. Treasury on Friday pledged to improve its housing rescue program after new data showed a slightly greater percentage of borrowers with delinquent mortgages had received help with loans through the end of December. Borrowers with active payment...
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