FROM www.shamethebanks.org: Time is running out as Ocwen has upcoming foreclosure sales on homes. There is hope: Ocwen has approved American Homeowner Preservation (AHP) short sales for each of these families, but is insisting that the families move out.
According to the website, AHP works with homeowners' lenders to approve short sales, discounting their loans by an average of over 60%. With these steep discounts, AHP can offer families an affordable lease and an option to repurchase their homes at a fraction of what the family previously owed. Thus, AHP creates equity and the incentive for families to stay and pay, preventing foreclosures and preserving neighborhoods.
You can help. Jorge Newbery from AHP has created a count down of the families that Ocwen will needlessly displace in 2011. You can see it below and we'll be adding homes to it as Ocwen continues to refuse help to homeowners with affordable solutions.
SEE COUNTDOWN: http://www.shamethebanks.org/richard/ocwen-countdown-to-foreclosure
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.
You need to be a member of Short Sale Superstars to add comments!
Join Short Sale Superstars