PHH Mortgage Renews Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series
March 10 2021 - 3:15PM
PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE:
OCN) and a leading non-bank mortgage servicer and originator,
announced the renewal of its partnership with the NAACP to host 45
regional virtual borrower outreach events in 2021 for PHH Mortgage
customers who have been negatively impacted by COVID-19 and are
having trouble making their mortgage payments. Virtual borrower
outreach events will be held in multiple locations across the
country, with the next events to be held in Chicago and New York
City.
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.
“PHH Mortgage remains committed to assisting
struggling homeowners by creating positive outcomes for its
customers, particularly those who have been financially impacted by
COVID-19. Our renewed partnership with the NAACP and local housing
counseling agencies is just one way we are working to help
homeowners get through this difficult financial period,” said
Tamara Gifford, Director of Community and External Relations at
Ocwen.
“The NAACP remains appreciative for the valuable
partnership with PHH Mortgage and Ocwen. Our 2020 accomplishments,
during these unprecedented times, provided a new platform that
enabled us to conduct 40 events assisting struggling homeowners. We
look forward to expanding our reach in 2021,” said Jacquelyne
Ward-Richardson, Manager, Grant Services at the NAACP.
PHH Mortgage has provided more than 190,000
customers with mortgage forbearance due to financial hardships
related to the COVID-19 pandemic. Since the financial crisis, PHH
Mortgage has helped more than 1.5 million U.S. homeowners avoid
foreclosure and forgiven approximately $19 billion in mortgage
debt.
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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