We have a terrible adjustable rate balloon mortgage. We are one of those people that got roped into a loan didnt know what we were doing told not to worry just to get you in the house and now here we sit 3 kids lower middle class and struggling. We just called ocwen to ask about a loan modification and the man from India said they will send us a packet to fill out. Just wanted to know if anyone has done this and what the outcome was and how long it took to happen. thanks

Ocwen is one of my favorite companies to work with. I have closed a file recently with them. It really depends if you get a hold of the right phone team member. Honestly, keep calling until to speak to someone who can help you. There has been both short turn around time and long turn around time for modifications to be approved or denied. It depends on your case individually.

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I'm so worried. My load modification was denied on my 1st home loan - just got the news this morning. I came home from work and I had a trust deed sale taped to my home for June 9th. Can anyone please help me?

I'm sorry but I dont understand what you are saying...........can you put it in simpler terms.