New Jersey Citizen Action and Ocwen Partner To Counsel Homeowners On Mortgage Solutions
Jun 09, 2015, 10:00 ET
EDISON, N.J., June 9, 2015 /PRNewswire/ -- New Jersey Citizen Action (NJCA) and Ocwen Financial Corporation (NYSE: OCN) hosted a June 4, 2015 borrower outreach event designed to provide information on innovative mortgage solutions for homeowners having difficulty making their mortgage payments.
The dinner and information session was held for struggling homeowners interested in learning more on how New Jersey Citizen Action's free Loan Counseling Program can help homeowners find mortgage solutions. Follow-up appointments with HUD-certified counselors were scheduled for event attendees. Ocwen Home Retention counselors were also on-site Thursday evening to talk face-to-face with borrowers about their unique lending situations.
"Taking the first step to have your mortgage reevaluated can be unnerving and frustrating," said Phyllis Salowe-Kaye, Executive Director of NJCA. "NJCA is committed to assisting borrowers in overcoming their financial challenges. We partnered with Ocwen because they are a leader in loan modifications solutions and they have demonstrated a commitment to keeping people in their homes. We are thrilled that more than 70 homeowners were assisted through this event and learned about viable mortgage solutions that will help keep their dreams of continued homeownership a reality."
"New Jersey Citizen Action is one of Ocwen's strongest partners. They are particularly attuned to the needs of their community and they work diligently to find ways to keep families in their homes," stated Jill Showell, Senior Vice President of Government and Community Relations at Ocwen. "New Jersey is one of the top states for foreclosure activity and our partnership with NJCA is critical as we continue to explore ways to reach borrowers who are still struggling to meet their mortgage payments."
Homeowners who attended the event met with HUD-certified counselors and Ocwen home retention agents. They also received:
- Assistance preparing their Request for Mortgage Assistance (RMA) package;
- Information on borrower eligibility for state and federal foreclosure assistance programs, and;
- Counsel on possible mortgage solutions tailored to fit their unique situations
Those who were unable to attend, but would like assistance from NJCA's HUD-certified counselors, can contact Jessica Zevallos at 973-643-8800 to apply for an appointment. Homeowners may also apply directly online.
About New Jersey Citizen Action
New Jersey Citizen Action works to protect and expand the rights of individuals and families and to ensure that government officials respond to the needs of people rather than the interests of those with money and power. Through organizing campaigns that promote economic, social, racial and political justice, NJCA encourages the active involvement of New Jersey residents in challenging the public and private institutions and agencies that impact our lives.
About Ocwen Financial Corporation
Ocwen Financial Corporation is a financial services holding company which, through its subsidiaries, is engaged in the servicing and origination of mortgage loans. Ocwen is headquartered in Atlanta, Georgia, with offices throughout the United States and support operations in India and the Philippines. Utilizing proprietary technology, global infrastructure, and superior training and processes, Ocwen provides solutions that help homeowners and make our clients' loans worth more. Ocwen may post information that is important to investors on its website (www.Ocwen.com).
SOURCE Ocwen Financial Corporation
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