Our clients were approved for a Making Home Affordable Trial Modification where they were to make 3 payments to Saxon in order to receive their permanent HAMP modification. The clients made 22 payments to Saxton and believed their permanent modification was implemented.
Upon transfer of the loan from Saxon to Ocwen, Ocwen refused to accept further payments and placed our clients into default.
We filed their lawsuit to enforce their modification agreement. The lawsuit was settled on the eve of the trial.
Outcome: Litigation settled, and our client kept their home and resumed mortgage payments.
