Ocwen Loan Modification SUCCESS!! We requested a loan modification from Ocwen. We have a first and a second mortgage with them. The loan resolution person worked up an offer for us and said the down payment would be due on Sept. 12. We needed to recieve the documents from them sign them fax them back and then send certified funds. Well the investors hadn't sent the contract back to Ocwen by the 12 so we were told to wait until this week. We finally received the contracts today on the 17th of Sept. and they state that the down payment should be paid by the 15th. Well since the 15th has already passed. Should we have them change the date? I've asked 2 representatives at Ocwen and they both stated that it was o.k. that the contract has a date that has passed just to sign them send them back and make the payment. My concern about doing that is I don't want them to come back a month from now and say "oh your modification offer was rescinded because you didn't make the down payment by the due date." We don't have a foreclosure date set yet and I don't want to waste time and give them time to get one so i'm tempted to just sign, return and pay but I want it to be done right. |