Ocwen and NAACP Team Again for Servicing Seminars
Ocwen Financial Corporation and the NAACP are renewing their “Help & Hope for Homeowners” seminars for another year, with events planned this summer across Florida, New Jersey, Texas and Washington.
The “Help & Hope for Homeowners” events connect financially distressed homeowners with Ocwen servicers and U.S. Department of Housing & Urban Development (HUD)-approved financial counselors for an educational overview of loan modification programs. Last year’s events drew approximately 800 Ocwen borrowers, with many attendees receiving loan modification as a result of the advice they received.
"The Ocwen and the NAACP borrower outreach events are a great example of how the mortgage industry and nonprofits can work together to make a real difference in people’s lives,” said Charles R. Lowery Jr., interim senior director and director of fair lending and inclusion at the NAACP Economic Department. “After meeting with borrowers across the U.S. in 2015, we confirmed that the housing crisis is not over for many borrowers, especially those in African-American communities and communities of color. These borrowers are still in need of help from trusted resources. We are proud that Ocwen and the NAACP’s collaborative efforts have become a leading resource for many that are still in need of an effective solution.”