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Home » Store » News » Ocwen Expects ‘Significant’ HAM Revenue in 3Q09

Ocwen Expects ‘Significant’ HAM Revenue in 3Q09

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Incentive payments from the Home Affordable Modification program will positively impact servicers’ earnings, according to Ocwen Financial. “Beginning in the third quarter, we expect to receive significant revenues from this program,” said William Erbey, the special servicer’s chairman and CEO. Although Ocwen is looking to aggressively implement the HAM program, mods must pass a...
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