Tag Archive for: Principal Reduction

Ocwen $2 Billion Principal Reduction Settlement

 

In December, 2014, Ocwen Financial Corporation and Ocwen Loan Servicing along with Litton Home Servicing and Homeward Residential Holdings (previously known as American Home Mortgage Servicing or AHMSI)  entered into a consent order with 49 States and the District of Columbia to provide $2 billion in principal reduction to underwater borrowers and provide $125 million to foreclosure victims as a result of Ocwen’s systemic misconduct at every stage of the mortgage servicing process.  If they think you qualify for a cut a notice package has been mailed to you. http://www.ncbrc.org/blog/2014/07/10/claim-forms-available-in-ocwen-settlement/

How to apply  https://nationalocwensettlement.com/

http://www.consumerfinance.gov/blog/claim-forms-for-the-ocwen-settlement-available-now/

Where to apply:

https://nationalocwensettlement.com/mainpage/ClaimForm.aspx

National Ocwen Settlement Administrator with questions at 1-866-783-5382, Monday through Friday, 7:00 a.m. – 7:00 p.m. Central Time

Claim forms submitted by mail must be postmarked by September 15, 2014.

Carol A. Lawson, Esq., 28870 U.S. Hwy19 #300, Hodusa Towers, Clearwater, FL 33761             Phone: (727) 410-2705;   email: [email protected]