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Samples| Best Loan Modification:
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Example of Recent Loan Modification Case:
Case 08-398:
The client has a loan with OCWEN Loan Servicing the interest rate was 11.85%
with a payment of $3054.24 and they were also $56,538.49 behind in their mortgage payments.
We were able to modify the loan. The new interest rate was 3.95% fixed for three years with a
payment of $1418.42.
The customer paid $6599.01 at the time of signing to bring payments
current and the rest of the $56,538.49 past due was added back to the principal of the loan.
The following four pages show the result of our work:
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