Ocwen Teams With Housing Group to Aid Distressed New York Homeowners

By Brian Honea

Ocwen Financial Corp. found trouble in New York last year when a top regulator’s investigation revealed that the servicer sent backdated foreclosure notices to about 7,000 borrowers. Over the weekend, however, Ocwen made positive news in New York when it teamed with Neighborhood Housing Services of New York City to reach out to aid struggling homeowners who were at risk of foreclosure.

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