Washington, DC – Ocwen Financial Corporation (NYSE: OCN), servicer of subprime mortgages, continues to lead the industry in key performance metrics under the federal government’s Home Affordable Modification Program (HAMP).
The U.S. Treasury’s just-released HAMP record card [link] confirms Ocwen’s superior performance on three critical fronts: percentage of trial modifications converted into permanent solutions, aging of trial modifications and a new metric introduced in this report card, "Trial Length at Conversion (months)."
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