NEW YORK, Sept. 2, 2015 /PRNewswire/ -- The NAACP
New York State Conference, in partnership with Ocwen Financial
Corporation (NYSE:OCN), today announced its third local homeowner
outreach event to help struggling borrowers. The "Help & Hope
for Homeowners" event will be held on Saturday, September 26, 2015 in Uniondale, NY, and will offer New York homeowners the opportunity to meet
with Ocwen Home Retention Agents and U.S. Department of Housing and
Urban Development approved financial counselors to learn about loan
modification programs, including principal reductions, that can
help make their homes more affordable. This event for Ocwen
customers follows successful events recently held in Chicago and Ft. Lauderdale where over 250
borrowers sought solutions.
In August 2015, New York State
Comptroller Thomas P. DiNapoli issued a report on foreclosure
activity in New York, finding that
"trends in both new foreclosure filings and the total number of
pending foreclosure cases indicate that the problem is far from
resolved." Specifically, the downstate area outside of New York City has experienced "the greatest
number of pending foreclosures, and has experienced relatively
rapid growth in the number of pending foreclosure cases over the
past two years."
"Foreclosures continue to be an epidemic in communities of
color. It's a troubling reality that African Americans and other
minorities continue to experience disproportionately high levels of
unemployment, poverty, and foreclosures," said Garry Anthony Johnson, NAACP New York State
Conference Economic Development Chair. "The NAACP recognizes there
is still work to be done throughout the New York metropolitan area to help struggling
homeowners better afford their homes and remain part of their
community. This is a key reason we are partnering with Ocwen – to
help educate homeowners on loan modification programs, including
principal reduction, which can help make homes more
affordable."
Ocwen customers interested in attending this event are
encouraged to view videos from Garry Anthony Johnson and from an
Ocwen Home Retention Agent to learn more about the event and
benefits of attending.
The "Help and Hope for Homeowners" event will be held on
Saturday, September 26, 2015 from
8:30 a.m. – 4:30 p.m. at the Long Island Marriott Grand
Ballroom, located at 101 James Doolittle Blvd., Uniondale, NY. Admission and parking are free
for all attendees. Homeowners whose loans are serviced by Ocwen are
encouraged to attend this event to meet with Ocwen Home Retention
Agents and housing counselors.
To get the most out of their meetings with on-site counselors
and home retention agents, homeowners are asked to bring the
following items to the event:
- Photo ID (Required)
- Two most recent pay stubs, profit & loss statements, and/or
bonus or commission records
- Two most recent bank statements
- Most recent tax return
- Latest utility bill
- A list of current expenses (or a budget or copies of their
bills)
- Documents related to other mortgages, HOA dues, property taxes,
and/or homeowner insurance
For more information, Ocwen homeowners are encouraged to call
the NAACP dedicated hotline at (855) 459-2514.
About NAACP New York State Conference
For more than a
century the National Association for the Advancement of Colored
People has worked to ensure the political, educational, social, and
economic equality of rights of all persons and to eliminate
race-based discrimination. Inspired by the force and commitment of
The Call of 1909, which denounced the growing oppression of people
of color and mobilized thousands to work to bring this
discrimination to an end, the NAACP seeks to establish a strategic
direction as it embarks on developing The New Call for the 21st
Century.
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SOURCE NAACP