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Q:

How do I obtain a Subordination Agreement on my second lien with Ocwen so that I can refinance my first mortgage?

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Ocwen's Subordination Department will provide a subordination requirements list to you or your mortgage company. If the proposed refinance meets all criteria, and a non-refundable fee is paid, a Subordination Agreement will be executed. To request subordination information in writing, send your request to Ocwen, Attention: Subordination Department, 950 West 13th Street, Bay 3, Riviera Beach, Florida 33404 or fax your request to (561) 682-8445. Please be sure to include your loan number. If you would like to speak to someone regarding the subordination process, you may leave a voice mail message at (561) 682-8835 and your call will be returned within 48 hours. The subordination process will take 2-3 weeks after the requirements are met. more
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