PHH Mortgage Expands Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series...
July 23 2020 - 4:15PM
PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE:
OCN) and a leading non-bank mortgage servicer and originator,
announced an expanded partnership with the NAACP to host more than
30 regional virtual borrower outreach events for PHH Mortgage
customers who have been negatively impacted by COVID-19 and are
having trouble making their mortgage payments. Virtual borrower
outreach events have been held in New York, Maryland, Central
Florida, Tennessee and Ohio, and the next three events will be held
in Pennsylvania, Washington, D.C. and Illinois.
The virtual events provide attendees with information regarding
mortgage assistance options and feature speakers from a local
HUD-certified counseling agency and PHH Mortgage. After the event,
homeowners can schedule a virtual one-on-one meeting with a housing
counselor and PHH Mortgage Home Retention Agent to discuss their
unique situations and receive information about mortgage assistance
options available to them.
“In response to the pandemic, PHH Mortgage was quick to
reinforce its commitment to creating positive outcomes for its
customers, particularly those who have been financially impacted by
COVID-19. Our expanded partnership with the NAACP and local housing
counseling agencies is just one of the ways we are working to help
borrowers get through this difficult time period,” said Tamara
Gifford, Director of Community and External Relations at Ocwen.
“In these unprecedented times of COVID-19, we are appreciative
for this continued partnership with PHH Mortgage to further ensure
that our constituents have an equal opportunity to save their
homes,” said Jacquelyne Ward-Richardson, National Fair Housing
Manager of Economic Programs at the NAACP.
Since March 2020, PHH Mortgage has helped more than 130,000
borrowers with mortgage forbearance due to financial hardships
related to the COVID-19 pandemic. Over the past 12 years, PHH
Mortgage has completed more than 800,000 loan modifications
nationwide, many of which included a principal reduction for
borrowers whose mortgage exceeded the current value of the
home.
For a list of dates and locations of upcoming events, please go
to www.ocwencares.com/events.
About Ocwen Financial Corporation
Ocwen Financial Corporation (NYSE: OCN) is a leading non-bank
mortgage servicer and originator providing solutions through its
primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH
Mortgage is one of the largest servicers in the country, focused on
delivering a variety of servicing and lending programs. Liberty is
one of the nation’s largest reverse mortgage lenders dedicated to
education and providing loans that help customers meet their
personal and financial needs. We are headquartered in West Palm
Beach, Florida, with offices in the United States and the U.S.
Virgin Islands and operations in India and the Philippines, and
have been serving our customers since 1988. For additional
information, please visit our website (www.ocwen.com).
FOR FURTHER INFORMATION CONTACT: Dico
Akseraylian T: (856) 917-0066 E: mediarelations@ocwen.com
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