Ocwen Loan Modification

Ocwen RMA Loan Modification Package

Mortgage Assistance Form.

Modification Decline Review

Ocwen Modification Denied? What to do.

Get Help With Your Ocwen Loan Modification

Talk To A Specialist Who Knows How To Deal With An Ocwen Mortgage.

Get Help With Your Ocwen Loan Modification

Talk To A Specialist Who Knows How To Deal With An Ocwen Mortgage.

Ocwen Loan Modification Process

The Ocwen Loan Modification process follows the typical loan modification process:

  1. Interview Over The Phone To Trigger The Application Process
  2. Complete Ocwen Request for Mortgage Assistance Paperwork
  3. Complete Property Valuation (If, Applicable)
  4. Negotiate Terms of Modification Review
  5. Lender Provides A Response

Now we would love for it to always be that easy but it never is. There is a lot of back and forth with Ocwen. Documents tend to have to be submitted over and over again. Many times they will have you running around from Ocwen Mortgage Loan Modifiation Department to Ocwen Customers Service Department. Often clients come to us after submitting the wrong information on their application, getting denied, and not being able to figure out what happened.

Ocwen Loan Modification Timeline

When dealing with Ocwen Mortgage’s  Loan Modifcation timelines they may vary on some very obvious and other not so obvious parts. Here are a few of the reasons this question has such sticky answers.

  • For one, Ocwen is merely a loan servicer. It even says it in their name, “Ocwen Loan Servicing, LLC” and this appears on all loan modification applications with Ocwen. As a servicer they have to abide by their PSA or Pooling and Servicing Agreement that they have with each investor. In some cases they are delegated to make decisions on behalf of the investor they are servicing the loan for and in orther cases they are not delegated (non-delegated) which means they have to request permission from the investor before being able to make any arrangements. Some investors such as Fannie Mae (FNMA) and Freddie Mac (FHLMC) have pulled almost all decision making authority from most servicers. As you can imagine the more parties invovled the longer it takes and the more someone like Ocwen Mortgage has their hands tied.
  • Another factor, that affects the time frame is urgnecy. Does your Ocwen Loan have a sale date? If they do, chances are you are going to get bumped up in the process. Remember servicers such as Ocwen Loan Servicing have homes going to sale every day. So if your sale is even next week they are not working it as urgently as you might think because of things pending foreclosure between today, tomorrow and the next day. Remember this business is a first come first serve but it is also influenced by foreclosure status and proximity to the sale date.
  • Finally, not all plans were created equal. In fact you may be reviewed for a large number of programs each time you go through the modification process. In the banking world people become very specialized in their niche. Often you will be put though the modification waterfall process but you will also find regularly that you are reviewed by different loan modification departments.

Ocwen Loan Modification Timeline Conclusion: Your time frames will vary greatly. Whether the decisions can be made in house or have to be sent out for appoval, whether you fit the first plan you are reviewed for or the 10th plans, along with factors outside the bank including but not limited to how fast they are able to get their property values back from valuation company’s, how fast documents are received legibly on their and much much more all effect how long it will take for your Ocwen Loan Modifiication to be reviewed.

If Your Ocwen Mortgage Has Been Denied. It May Not Be Too Late

Dealing With An Ocwen Mortgage Loan Modification Decline

Often dealing with an Ocwen Loan Modification Decline may be confusing. Understanding the details of all the plans and how that conflicts with your information is key. Here at ACG we have dozens of points we review in order to understand why your ocwen loan modification was rejected. Have us review your declined modifcation for free by calling us at 888-934-3444.

Additional Ocwen Mortgage Contact Information

Ocwen Mortgage Customers

Ocwen Loan Servicing Complaints

Ocwen Bank Of America Home Mortgage Loan Modification Reviews

Ocwen Loan Modification Complaints

Ocwen is a large company and the rules are literally changing every day. There are a lot of departments and even more hands in the pot of each case that making it through the system can be a real drag. It doesn’t have to be though and that’s where we come in. Give us a call and see how we can help you with your loan modification. Call 888-934-3444.

Ocwen 1 Star Reviews

Ocwen 1 Star Review:

Ocwen was not our original loan company, and after the housing market crash a few years ago they purchased our loan. EVERY. SINGLE. YEAR. Since they purchased our loan we get a letter that states that we have an escrow shortage in our account.

Debra, Foxboro, MA

Ocwen 1 Star Review:

They cite their internal procedures for this denial of service which goes completely against my loan agreement and they don’t care.

Kashi, Sausalito, CA

Don't Be A 1 Star Review

Don't Be A 1 Star Review

Ocwen 1 Star Review:

I called in several times and it would take VERY long to even be allowed to talk about the account. I am filing a notice with the CFPB.

Nancy, Carlsbad, CA

1 Star Situations Happen Every Day

ACG 5 Star Reviews

ACG 5 Star Review:

Tried modifying my mortgage loan on my own, twice actually, but no luck. Until I called ACG. [I] got my loan mod approved and all is well.

Michael, Woodland Hills, CA

ACG 5 Star Review:

We were struggling trying to get assistance in keeping our home for over a year when I was introduced to ACG Today both my homes are modified and our family has a chance for a fresh start.

Patricia, Porter Ranch, CA

ACG 5 Star Review:

I have worked with [the] team personally and professionally referring them many clients over the past few years. If you need help with a loan modification, short sale, or want to avoid foreclosure I highly suggest you use Absolute Consultant Group!

Daniel, Santa Clarita, CA

You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Ocwen Mortgage.

You Know You Can't Chance Being A 1 Star Review.

ACG Specialist Here To Help Your Ocwen Home Mortgage.

Ocwen Home Loan Modification Mortgage News

Ocwen Short Sale Application, Forms And Packages

Take the first step to getting started on your short sale. Download Forms Here. Find out what's next. Make sure you cross every 'T' and dot every 'I'.  No Mistakes! It may not be too late to try other options. We can review what's out there. Take the first step to...

read more

Ocwen Short Sale

Mortgage Assistance Form. Ocwen Short Sale Denied? Ocwen Short Sale Denied? Ocwen Short Sale Process At Ocwen the Short Sale Process is pretty standard: We Have A Call With An Ocwen Counseler Over The Phone Which Triggers The Short Sale Application Process. Ocwen's...

read more

Ocwen Application, Forms And Packages

Need Help With Your Ocwen Loan Modification? Need To Start An Ocwen Short Sale? Get The Package Here.Here's Are Few More Services Offered By ACG And It's Network. Need The Ocwen RMA Package. You've Come To The Right Place. Need Help With Your Ocwen Loan Modification?...

read more