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Ocwen Partners with Cambridge Credit Counseling

HousingFlorida-based Ocwen Financial Corp. and Cambridge Credit Counseling, a not-for-profit U.S. Department of Housing and Urban Development approved housing counseling organization, recently hosted a free mortgage assistance event for Massachusetts homeowners having trouble making their mortgage payments.

Held on Saturday, October 20, homeowners met one-on-one with Ocwen Home Retention Agents and counselors from Cambridge Credit Counseling to discuss their unique situations and to receive information about potential options to help lower their mortgage payments.

“Ocwen is making a real difference across the country in the lives of homeowners struggling to pay their
mortgage,” said Jill Showell, SVP, Government and Community Relations at Ocwen. “Local borrower outreach
events, such as this one in Massachusetts with Cambridge Credit Counseling, give us the chance to work
directly with families in need of a mortgage solution to help them better afford their homes.”

Since January 1, 2008, Ocwen has completed 18,600 loan modifications for Massachusetts homeowners, which included approximately $535 million in debt forgiveness. Across the nation, Ocwen has completed approximately 787,600 loan modifications and provided billions of dollars in debt forgiveness.

“Cambridge Credit Counseling is committed to working with Massachusetts and Connecticut homeowners
facing financial challenges to help them understand potential options available to avoid foreclosure,” said Beata
Gosselin, Housing Counselor at Cambridge Credit Counseling. “We hope homeowners will take advantage of
this opportunity to meet with an experienced housing counselor, and work one-on-one with Ocwen’s Home
Retention team to find a solution to make their mortgage more manageable.”

Cambridge Credit Counseling Corp. is a 501(c)(3) not-for-profit organization specializing in simple, safe,
financial solutions. It provides national foreclosure intervention and default counseling to consumers struggling to keep up with their current mortgage payments.

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.

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