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Home » Store » News » Ocwen Focuses on Mods, Opportunities for Growth

Ocwen Focuses on Mods, Opportunities for Growth

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Implementation of the Obama administration’s Home Affordable Modification Program slowed Ocwen Financial’s mod efforts in the second quarter of 2009, but the servicer remains optimistic enough to keep buying distressed assets. Ocwen recently reported net income of $17.8 million for the second quarter of 2009 compared with a net loss of $2.7 million for the same period in...
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