Realtor Short Sales Training and Resources
Ocwen not extending closing dates from approvals prior to 3/1/14 .. Blames Consumer Finance Protection Bureau (CFPB)
I was informed by Ocwen today that they will not extend any short sale closing dates with approvals prior to 3/1/14 because of new guidelines set by the Consumer Finance Protection Bureau (CFPB).
I find it hard to believe this was the intentions from a CONSUMER PROTECTION agency. To me it just sounds like spiteful retaliation from Ocwen.
Replies to This Discussion
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Permalink Reply by Janice Wheeler on -
This is a recent article about Ocwen. http://http://money.cnn.com/2014/02/10/real_estate/ocwen-mortgages/.... I recently had to file a complaint with HAMP/HAFA over Ocwen's behavior.
Please post back as to how it's going.
Janice Wheeler
Lic. 01162965
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