by James Robert Deal | May 11, 2014 | Mortgage Modification
Thanks to Martin Andleman and Mandleman Matters Why Does Ocwen Want to Modify Loans? Answer: Because they profit by doing so. In case you haven’t noticed, over the last month or so there’s been an ongoing debate of sorts happening on Mandelman Matters as to...
by James Robert Deal | Nov 25, 2012 | Lenders, Mortgage Modification
A residential property where the first loan was more than around $729,000 at the time of the default is not eligible for modification under the Making Home Affordable program. However, home owners with jumbo-size loans should not despair – especially if their...
by James Robert Deal | Aug 21, 2012 | Mortgage Modification
OCWEN Principal Reduction: We negotiated a $93,000 principal reduction for this couple, provided they remain current on their payments for three years. The rate is 2.0% fixed for 25 years. Read the modification documents here:...
