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Home » Store » Securitization » Ocwen Dominates Initial Streamline HAMP Mods

Ocwen Dominates Initial Streamline HAMP Mods

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Securitization

Product Details

Ocwen Financial accounted for slightly more than half of the modifications completed under the new Streamline Home Affordable Modification Program offering, according to the company. Streamline HAMP mods are only available for non-agency mortgages. The program is aimed at borrowers who meet general HAMP eligibility criteria but haven’t completed a loan mod application by the time their loan is 90 days delinquent. It’s streamlined in that no income documentation is ...
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