OCWEN No more Short sales

It's only left to speculation why OCWEN a major servicer would no longer negotiate Short Sales on homes. Chapter 11 reorganization? Possibly an investors scare from
the Bear Stearns drama? Either way OCWEN is doing no justice to it's clients at all.
The idea behind a Short Sale is to actually try to help a borrower not have a foreclosure on there permanant record. One day we would like these consumers to re-enter the market place. Not with Ocwen. It's not gonna happen. For my regualr readers who are consumers and finding themselves in Mortgage trouble, if you have OCWEN as your mortgage servicer please know there is a major outcry of injustice right now. I will keep you updated on OCWEN's official position on the subject. We can only hope this a temporary insanity.