If your mortgage is with OCWEN then you are in luck. They are far and away the best servicer to deal with when modifying your loan and they have held this title since this loan modification craze began. The Florida based servicer made its name over 20 years ago by purchasing distressed portfolios and restructuring these loans into performing assets. Because of this experience they are a perfect fit for performing loan modifications. They also have proprietary software which allows them to easily modify loans in a way which creates a sustainable situation for the borrower while also providing more money to the investor than a foreclosure would yield.
Compared to other servicers, lenders and banks performing loan modifications right now they are far and away the best. They convert much higher percentages of eligible borrowers to HAMP modification and these borrowers move out of the trial period and into the permanent stage much more quickly.
If you have a loan with OCWEN Servicing Company, expect to deal with competent, experienced professionals who move quickly and do what they say. Don’t be afraid to give them a call, they will help you with your mortgage modification.
