Skip to main content

Ocwen Partners With NAACP on Homeownership Preservation Event on Long Island

NationalMortgageProfessional.com
Sep 02, 2015
​MISMO, the Mortgage Industry Standards Maintenance Organization, has announced that it is simplifying its membership structure to encourage broader participation in the creation and use of standards across the mortgage industry lifecycle

The NAACP New York State Conference, in partnership with Ocwen Financial Corporation, has announced its third local homeowner outreach event to help struggling borrowers. The “Help & Hope for Homeowners” event will be held on Saturday, Sept. 26 in Uniondale, N.Y., and will offer New York homeowners the opportunity to meet with Ocwen Home Retention Agents and U.S. Department of Housing & Urban Development (HUD)-approved financial counselors to learn about loan modification programs, including principal reductions, that can help make their homes more affordable. This event for Ocwen customers follows successful events recently held in Chicago and Ft. Lauderdale where more than 250 borrowers sought solutions.

In August 2015, New York State Comptroller Thomas P. DiNapoli issued a report on foreclosure activity in New York, finding that “trends in both new foreclosure filings and the total number of pending foreclosure cases indicate that the problem is far from resolved.” Specifically, the downstate area outside of New York City has experienced “the greatest number of pending foreclosures, and has experienced relatively rapid growth in the number of pending foreclosure cases over the past two years.”

 

“Foreclosures continue to be an epidemic in communities of color. It’s a troubling reality that African Americans and other minorities continue to experience disproportionately high levels of unemployment, poverty, and foreclosures,” said Garry Anthony Johnson, NAACP New York State Conference Economic Development Chair. “The NAACP recognizes there is still work to be done throughout the New York metropolitan area to help struggling homeowners better afford their homes and remain part of their community. This is a key reason we are partnering with Ocwen—to help educate homeowners on loan modification programs, including principal reduction, which can help make homes more affordable.”

The “Help and Hope for Homeowners” event will be held on Saturday, Sept. 26, 2015 from 8:30 a.m.-4:30 p.m. at the Long Island Marriott Grand Ballroom, located at 101 James Doolittle Blvd. in Uniondale, NY. Admission and parking are free for all attendees. Homeowners whose loans are serviced by Ocwen are encouraged to attend this event to meet with Ocwen Home Retention Agents and housing counselors.

 

Published
Sep 02, 2015
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

A data breach beginning on Sept. 8 is preventing title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022
Nominations Open For Industry Titans Award

NMP Magazine to honor people who represent industry with professionalism.

Industry News
Sep 23, 2022
Fidelity National Names New HR Chief

Melissa Circelli previously held same position at Black Knight.

Industry News
Sep 23, 2022