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Tag: Shared Appreciation Modification (SAM

Restoring Equity a Reality! Underwater Homeowners Have Hope

From Urban Legend to Reality: Ocwen Offers Serious Principal Reduction Meaningful principal reduction used to be an urban legend compounded by scamsters. And until recently, Florida homeowners were probably more likely to spot Bigfoot than find a lender willing to forgive a significant portion of their residential first mortgage through a loan modification. But earlier this month, Ocwen Financial Corp. […]