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A House With a Modified Loan Is a Symbol of Servicers’ Tug of War With Investors – New York Times

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New York Times

A House With a Modified Loan Is a Symbol of Servicers' Tug of War With Investors
New York Times
As a mortgage servicer, Ocwen collects monthly payments from borrowers and then distributes that money to the investors and banks that actually hold the loans. For struggling homeowners, Ocwen steps in and can modify the terms of loans to make them ...

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