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MReport December 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 45 THE LATEST O R I G I NAT I O N S E R V I C I N G DATA G O V E R N M E N T S E C O N DA R Y M A R K E T LOCAL EDITION Ocwen Partners with Cambridge Credit Counseling THE PARTNERSHIP WILL ASSIST HOMEOWNERS HAVING TROUBLE MAKING THEIR MORTGAGE PAYMENTS. MASSACHUSETTS // Florida- based Ocwen Financial Corp. and Cambridge Credit Counseling, a not-for-profit U.S. Department of Housing and Urban Development- approved housing counseling organization, recently hosted a free mortgage assistance event for Massachusetts homeowners hav- ing trouble making their mortgage payments. Homeowners met one-on-one with Ocwen Home Retention Agents and Counselors from Cambridge Credit Counseling to discuss their unique situations and to receive information about potential options to help lower their mortgage payments. "Ocwen is making a real difference across the country in the lives of homeowners strug- gling to pay their mortgage," said Jill Showell, SVP, Government and Community Relations at Ocwen. "Local borrower out- reach events, such as this one in Massachusetts with Cambridge Credit Counseling, give us the chance to work directly with families in need of a mortgage solution to help them better afford their homes." Since January 1, 2008, Ocwen has completed 18,600 loan modifications for Massachusetts homeowners, which included approximately $535 million in debt forgiveness. Across the nation, Ocwen has completed approxi- mately 787,600 loan modifications and provided billions of dollars in debt forgiveness. "Cambridge Credit Counseling is committed to working with Massachusetts and Connecticut homeowners facing financial chal- lenges to help them understand potential options available to avoid foreclosure," said Beata Gosselin, Housing Counselor at Cambridge Credit Counseling. "We hope homeowners will take advantage of this opportunity to meet with an experienced housing coun- selor, and work one-on-one with Ocwen's Home Retention team to find a solution to make their mortgage more manageable." Cambridge Credit Counseling Corp. is a 501(c)(3) not-for-profit organization specializing in simple, safe, financial solutions. It provides national foreclosure intervention and default counseling to consum- ers struggling to keep up with their current mortgage payments. Servicer Named to Fast 50 ROUNDPOINT COMMENDED FOR RAPID EXPANSION IN THE CHARLOTTE MARKET. NORTH CAROLINA // RoundPoint Mortgage Servicing Corporation announced that it had been selected as one of The Charlotte Business Journal's 2018 Fast 50. The financial records of all nominated companies were reviewed to determine the 50 fastest-growing private companies in the Charlotte region. All win- ners were included in the Fast 50 Special Report published in the December 7 issue of The Charlotte Business Journal. "We're excited about this achieve- ment as it's a testament to our team's hard work and dedication," said Kevin Brungardt, CEO of RoundPoint. "Many people played a role in helping RoundPoint reach this point and we're grateful that their collective efforts have been recognized in this way. We look forward to continued, disciplined growth as our firm moves forward in 2019 and beyond." Founded in 2007, RoundPoint is a fully licensed agency and non- agency subservicer for commercial banks, credit unions, mortgage companies, and hedge funds. As one of the nation's largest nonbank mortgage servicers, it currently services over $80 billion worth of mortgage assets and is authorized to service loans in all 50 states, the District of Columbia, and the U.S. Virgin Islands. The company is headquar- tered in Charlotte with an office in Dallas and is publicly rated by Fitch Ratings, Standard & Poor's, and Kroll Bond Rating Agency. RoundPoint is a seller and servicer for Fannie Mae and Freddie Mac and an approved single-family issuer and servicer for Ginnie Mae. RoundPoint is also an ap- proved servicer for the U.S. Department of Housing and Urban Development, the U.S. Department of Veterans Affairs, and the U.S. Department of Agriculture. In addition to servic- ing loans guaranteed by Fannie Mae, RoundPoint services for third parties and has an exten- sive portfolio of loans involved in Federal Deposit Insurance Corporation structured and shared loss transactions. SERVICING

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