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Ocwen Touts ‘Solid Success’ in Loan Mod Performance 

Dec 11, 2008By

West Palm Beach, Fla.-based Ocwen Financial Corporation [stock OCN][/stock] said Thursday that it is seeing “solid success” with its own loan modification program. Touting a technology-based, loan-by-loan approach to modification, Ocwen said at the six-month mark, the 60-day delinquency rate on its modified loans stands at 24.6 percent.

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