From: http://www.ripoffreport.com/reports/0/295/RipOff0295279.htm
After reading many of the reports filed on this site, it has come to my attention that it is time the home owners should file a class action suit against this company. I too have had the same problems as many of you that have already reported. We were given to Ocwen when Aegis Mortgage Company filed Bankruptcy. We were on a forebearance program and then in November were sent a letter to bring the account current, that we would longer be on the forebearance program. The first certified letter came November 16 with a demand payment by December 16. Then we get a second certified letter dated November 19 with a demand payment for 1/2 the payment of the November 16 letter to be made by December 16. Then we get a third certified Demand letter December 17 demanding payment by January 17 with the same amount of money due (adding $5.21 more to the payment) that was due in the November Letter. We are current with our payments. We have proof of this. So what they are trying to pull, just does not make sense and to reach them by phone is a nightmare. To email them, you are really lucky if you get a reply of which they claim they will replay to you within 15 days. Whoop tee doo!! According to the Govenment Pamphlet on Fair Credit Practices, Section 805, clearly states that frequent calling (of which no one is on the other line either) is a form of Harrassment and is illegal. Well, with reading all the reports that have been given on this web site, maybe it is time that a class action lawsuit be filed to wake the company up. Oh, by the way, when they outsource to third world companies, and then ask for my social security number, are they crazy!!!! There is no way in 'Gods Green Earth' I am going to give anyone outside the United States my Social Security Number. I contacted my attorney and she said we have a great case. Maybe someone should put their money where their mouths are and prove to others that they honor what they say on their Web site. Do I have any takers. If you are interested in going with me in a class action law suit, please contact me through this web site and I will find a way that we can all communicate to get one started. I will watch this site daily to see how many people are really serious about starting the procedure. Without you there will be no releif for so many of us and more in the future.CarlSacramento, CaliforniaU.S.A.
Sunday, December 30, 2007
Tuesday, December 25, 2007
Ocwen satisfaction. = benifit and forethought Ocwen's 15 Point Loan Servicing Customer Commitment Plan Wellington Kansas
From: http://www.ripoffreport.com/reports/0/294/RipOff0294291.htm
This started as an e-mail to an Attorney friend of mine. At the time had no clue of their destructive history. Hey its Trav. Leave it to us to get lost in the cracks, extreme negligence on the part of our mortgage holder. H&R Block sold loan to OCWEN within the 1st month. Loan fixed for 3 years, adj. 1st statement from new mortgage holder has changed interest rate to 10% instead of 8. Perhaps simple mistake. No I was about to partake in the darkest Dance Macabre that would render the twilight zone infantile. Having 1st to get the correct rate 8% back and forth w/ incorrect pay off. Amazingly I received over 15 diminutive assurances from at least 3 supervisors that they were well within their rights to cram a cactus up my bum without the benefit and forethought of lubrication. My take on this is well prior to exploring Newton and the law of physics. We need to commence with baby steps and first examine benefit and forethought. Let’s all cheer for what attracted us here in the first place Owcen’s customer pledge and mission reassurance. In other words, which cacti would you prefer, prickly hard straight thorns, or the extremely popular charmin soft feel razor wire. Consumer Ombudsman (Hun, my interpritation of an Ombudsman has always been a German logger, Paul Bunion type) Mission Statement Who butters this guy’s toast each morning, our advocate and voice, more like covert damage control and information gathering..Ocwen is committed to providing superior customer service. We offer a wide variety of payment options and numerous ways for our customers to contact us, including our automated telephone system, e-mail or talking to one of our Customer Relations agents. To continue our efforts to ensure our customers' satisfaction, the Consumer Ombudsman position has been created to provide each of our customers with a resource to assist with unresolved concerns and issues. If you are unsatisfied with the servicing of your loan, or you do not feel that an issue has been resolved adequately, the Consumer Ombudsman will serve as your advocate. The Consumer Ombudsman is not involved in the servicing of your loan. The Ombudsman is, however, knowledgeable about loan servicing and the related laws, regulations and industry practices. As your advocate, the Ombudsman will review your concerns and Ocwen's response. The Ombudsman will question Ocwen's servicing department on any areas of the servicing of your loan that do not appear fair, reasonable and proper. As appropriate, the Ombudsman will make recommendations to Ocwen's Senior Management as to how your complaint should be resolved. The Ombudsman will communicate the findings and Ocwen's resolution of the matter directly to you. The Consumer Ombudsman will not respond to first-time issues. If you have had no previous contact with Ocwen concerning your issue, please contact our Customer Relations Department for assistance at (800) 746-2936 or you may click here for mailing addresses for general correspondence or complaints.You may contact the Ocwen Consumer Ombudsman a variety of ways as provided below: By email at Ombudsman By phone at (800) 390-4656 By fax at (866) 771-5152 By mail at: Ocwen Financial CorporationAttn P. O. Box 785061Orlando, FL 32878-5061 mmm Below is our statement, from 9 of 07. See the 4K + payment 9-17. Account current. The meticulous few somehow forgot to inform their counsel the loan was current and about to be paid off. (Benefit and forethought)? My banker politly pressed me for the reason of current forecloursure proceedings on the same property and how could I even ask a friend to associate what many view as so called “ Mortgage Kite-ingâ€. As of 10/01/07 loan is current. Some how regardless of their impenetrable safeguards and fanatical tenure upon benefit and forethought, no one passed this on to their counsel: thus our careing and meticulous friend and in many cases only friend. The one that crushes the American dream void of remorse, calessly reverting to comacasi techniques in fact rumer has it they are the 1st born damnation of Enron and Worldcom. We live in a small rual community close to the OK-KS line. For us the gangs all here. Mathew, Mark, Luke and even John himself still educate the masses via media outlets. We were served a foreclosure notice that was pinned to my front door. Still w/ me. Ok kind of pissed when one of my golf buddies asked if everything was ok as he read the bad news the public legal posting in the dally paper. Notice ran 12-14-07. Over two 1/2 months later, publicly humiliated, due to Ocwen’s negligence and as I have come to find out widely practice customer service.Only one question though, would my original fiduciary relationship with H&R Block be exposed to any liability. Not due to their right and intent to sell the folder, but by continuing to sell to Ocwen irrespective of the well-known history. All right sick of this again. O.K. two questions, can anybody help?ThanksEnsumbledeux: ever thankful for Owcen’s gracious gift to all mankind: The 15 point customer satisfaction journey that sooths us along our way to the Pearly Gates, behind which live benefit and forethought. Be good wtc Ocwen's 15 Point Loan Servicing Customer Commitment PlanOcwen specializes in the servicing of residential mortgage loans. We promise you our total commitment to provide the highest quality in customer service. Keeping you satisfied with our service and current on your mortgage loans is good for everyone: you build equity in your home and improve your credit rating, and we benefit from your business. To achieve these mutual goals, Ocwen is committed to the following '15 Point Loan Servicing Customer Commitment Plan.' 01. Ocwen will post all customer payments timely and accurately through our third-party lockbox service and our internal processing center. 02. Ocwen will give you payment reminders both by phone and letter when we see that payments have not been received by the contractual due date. By doing this, we help you avoid late fees, maintain the best possible credit rating and avoid foreclosure. 03. If your loan becomes delinquent, Ocwen will assist you in a professional and consultative manner to work out a fair and reasonable resolution, such as a repayment plan, to avoid a foreclosure. We will also provide information about homeowner counseling and credit counseling services that may be able to provide further assistance to you. For additional information regarding homeowner counseling and credit counseling services, click here. 04. Ocwen will acknowledge receipt of all written customer complaints within two business days of receipt and respond to all written customer complaints within 15 business days. If we are unable to fully respond to your issue within 15 business days, we will explain why additional time is needed and provide you an estimate of when we expect to be able to reply. 05. Ocwen strongly encourages you to use our monthly escrow account service for paying your taxes and insurance so that you can spread these expenses over 12 months. As is more fully explained during our 'Welcome Call', and on our website, establishing an escrow account with us is free of charge and provides many benefits to you. For additional information on setting up an escrow account, click here. You will be able to print the necessary form on-line. 06. If your loan is escrowed for taxes and/or insurance, Ocwen will pay your taxes and insurance timely and accurately so that you receive the benefits of all discounts. If Ocwen fails to pay your taxes and/or insurance in an accurate or timely manner, you will not be responsible for any penalties or interest. If you pay off your loan, we will promptly return to you any remaining funds in your escrow account. 07. We will report your payment history to major credit reporting agencies on a monthly basis. If you consistently make your payments on time, this may improve your credit history so that you can benefit in future credit transactions. 08. When Ocwen obtains the privilege to service your loan, we will contact you by phone with a 'Welcome Call' within the first 30 days to introduce ourselves, review and confirm your loan information and answer any questions that you may have. If your loan recently transferred to Ocwen and a welcome call has not been completed,click here to log into your account and verify the information provided to us by your prior servicer. This is important for the proper servicing of your loan. By using Wiz, the Ocwen Wizard, you will be able to complete the Welcome to Ocwen script. To log into your account, you will need your Ocwen User Id and password. If you do not have a User Id and password, please click the New User link located above the online sign in area of our home page. Within a few days of first receiving your loan to service, Ocwen will send you a 'Welcome Letter' and an account statement with your first month's payment coupon. Utilizing your payment coupon will help to ensure that your payments are applied to your account timely and accurately.If your loan is transferred from another servicer to Ocwen, we will make every effort to ensure that the transfer is smooth and that all information concerning your loan is set-up in our system accurately.Additionally, if your loan is transferred from another servicer to Ocwen, for the first 60 days after transfer you will not be charged any late fees or have negative information reported to the credit bureaus if your payments are sent timely to your prior servicer. Ocwen will work with your prior servicer to make sure your payment is forwarded to Ocwen and posted to your account accurately.09. Ocwen will ensure that our customer relations, research, collections and loan resolution consultants are well trained, professional, courteous and consultative in all interactions with our customers. We will provide periodic sensitivity and diversity training to all of our staff. We will make every attempt to meet the multilingual needs of our customers. If you are not satisfied with how your loan is being handled, we will make a supervisor available to you. If you are still not satisfied, you may contact our Consumer Ombudsman at (800) 390-4656 or Ombudsman , or you may mail your concerns to Ocwen Financial Corporation, ATTN: Office of the Consumer Ombudsman, P. O. Box 785061, Orlando, FL 32878-5061 for further assistance. 10. Ocwen will issue payoff quotes within four business days of an authorized request. If we are unable to meet that timeframe due to the unavailability of information, we will contact you to advise you of the delay. To request a payoff quote click here . 11. If you are required to maintain adequate hazard and/or flood insurance on your property as part of your loan agreement and Ocwen determines your coverage is not adequate or has lapsed, we will notify you at least two times by mail, the second notice by certified mail, before purchasing adequate insurance for you. We will not have a policy issued on your behalf for at least 60 days after the lapse in coverage, and your account will not be billed for the premium for at least 80 days after the lapse in coverage. If we do purchase insurance for you and later are provided confirmation of continuous insurance coverage on your home, we will credit your account for any premium refund due within 5 business days. If lender placed insurance has been assessed to your loan and you have proof of continuous insurance coverage, and/or you would like to provide updated insurance information via email, click here. You may also fax this information to our Insurance Department at (888) 882-1816. Please be sure to include your loan number.Insurance we purchase on your behalf is usually more expensive than insurance you buy, so please make sure your policy does not lapse and that you provide us with the information about your policy when you renew it.12. We will offer you flexible options for making payments, including checks, money orders and recurring electronic debit (i.e. ACH). Additional flexible payment options via our customer relations and collections agents, interactive voice-response system and our secure website are also available for a small charge. To enroll in Ocwen's Automatic Clearing House program (ACH), click here to print the ACH application. 13. Ocwen will comply with all applicable laws and regulations including the Real Estate Settlement Procedures Act, Fair Debt Collections Practices Act, Fair Credit Reporting Act and Fair Housing laws and regulations. 14. Ocwen will keep your financial information secure and private. We will deny access to your personal account information to anyone who you have not authorized to receive such information. 15. Ocwen will provide you with complete access to your loan balance and account status through our detailed monthly account statements, our 24/7 telephone voice response system, our 24/7 on-line account information website, and our trained customer relations agents and research staff. We can be reached at (800) 746-2936. For information about your loan on-line, click here. To log into your account you will need your account number and the last four digits of your Social Security Number. Wiz, the Ocwen account Wizard, will walk you through your account, answering many of your questions. Always remember, if you question anything above this scary omboodmans guy comes out of the forest with an axe and about 100 people on hold!!!!Ensumbledeuxwellington, KansasU.S.A.
This started as an e-mail to an Attorney friend of mine. At the time had no clue of their destructive history. Hey its Trav. Leave it to us to get lost in the cracks, extreme negligence on the part of our mortgage holder. H&R Block sold loan to OCWEN within the 1st month. Loan fixed for 3 years, adj. 1st statement from new mortgage holder has changed interest rate to 10% instead of 8. Perhaps simple mistake. No I was about to partake in the darkest Dance Macabre that would render the twilight zone infantile. Having 1st to get the correct rate 8% back and forth w/ incorrect pay off. Amazingly I received over 15 diminutive assurances from at least 3 supervisors that they were well within their rights to cram a cactus up my bum without the benefit and forethought of lubrication. My take on this is well prior to exploring Newton and the law of physics. We need to commence with baby steps and first examine benefit and forethought. Let’s all cheer for what attracted us here in the first place Owcen’s customer pledge and mission reassurance. In other words, which cacti would you prefer, prickly hard straight thorns, or the extremely popular charmin soft feel razor wire. Consumer Ombudsman (Hun, my interpritation of an Ombudsman has always been a German logger, Paul Bunion type) Mission Statement Who butters this guy’s toast each morning, our advocate and voice, more like covert damage control and information gathering..Ocwen is committed to providing superior customer service. We offer a wide variety of payment options and numerous ways for our customers to contact us, including our automated telephone system, e-mail or talking to one of our Customer Relations agents. To continue our efforts to ensure our customers' satisfaction, the Consumer Ombudsman position has been created to provide each of our customers with a resource to assist with unresolved concerns and issues. If you are unsatisfied with the servicing of your loan, or you do not feel that an issue has been resolved adequately, the Consumer Ombudsman will serve as your advocate. The Consumer Ombudsman is not involved in the servicing of your loan. The Ombudsman is, however, knowledgeable about loan servicing and the related laws, regulations and industry practices. As your advocate, the Ombudsman will review your concerns and Ocwen's response. The Ombudsman will question Ocwen's servicing department on any areas of the servicing of your loan that do not appear fair, reasonable and proper. As appropriate, the Ombudsman will make recommendations to Ocwen's Senior Management as to how your complaint should be resolved. The Ombudsman will communicate the findings and Ocwen's resolution of the matter directly to you. The Consumer Ombudsman will not respond to first-time issues. If you have had no previous contact with Ocwen concerning your issue, please contact our Customer Relations Department for assistance at (800) 746-2936 or you may click here for mailing addresses for general correspondence or complaints.You may contact the Ocwen Consumer Ombudsman a variety of ways as provided below: By email at Ombudsman By phone at (800) 390-4656 By fax at (866) 771-5152 By mail at: Ocwen Financial CorporationAttn P. O. Box 785061Orlando, FL 32878-5061 mmm Below is our statement, from 9 of 07. See the 4K + payment 9-17. Account current. The meticulous few somehow forgot to inform their counsel the loan was current and about to be paid off. (Benefit and forethought)? My banker politly pressed me for the reason of current forecloursure proceedings on the same property and how could I even ask a friend to associate what many view as so called “ Mortgage Kite-ingâ€. As of 10/01/07 loan is current. Some how regardless of their impenetrable safeguards and fanatical tenure upon benefit and forethought, no one passed this on to their counsel: thus our careing and meticulous friend and in many cases only friend. The one that crushes the American dream void of remorse, calessly reverting to comacasi techniques in fact rumer has it they are the 1st born damnation of Enron and Worldcom. We live in a small rual community close to the OK-KS line. For us the gangs all here. Mathew, Mark, Luke and even John himself still educate the masses via media outlets. We were served a foreclosure notice that was pinned to my front door. Still w/ me. Ok kind of pissed when one of my golf buddies asked if everything was ok as he read the bad news the public legal posting in the dally paper. Notice ran 12-14-07. Over two 1/2 months later, publicly humiliated, due to Ocwen’s negligence and as I have come to find out widely practice customer service.Only one question though, would my original fiduciary relationship with H&R Block be exposed to any liability. Not due to their right and intent to sell the folder, but by continuing to sell to Ocwen irrespective of the well-known history. All right sick of this again. O.K. two questions, can anybody help?ThanksEnsumbledeux: ever thankful for Owcen’s gracious gift to all mankind: The 15 point customer satisfaction journey that sooths us along our way to the Pearly Gates, behind which live benefit and forethought. Be good wtc Ocwen's 15 Point Loan Servicing Customer Commitment PlanOcwen specializes in the servicing of residential mortgage loans. We promise you our total commitment to provide the highest quality in customer service. Keeping you satisfied with our service and current on your mortgage loans is good for everyone: you build equity in your home and improve your credit rating, and we benefit from your business. To achieve these mutual goals, Ocwen is committed to the following '15 Point Loan Servicing Customer Commitment Plan.' 01. Ocwen will post all customer payments timely and accurately through our third-party lockbox service and our internal processing center. 02. Ocwen will give you payment reminders both by phone and letter when we see that payments have not been received by the contractual due date. By doing this, we help you avoid late fees, maintain the best possible credit rating and avoid foreclosure. 03. If your loan becomes delinquent, Ocwen will assist you in a professional and consultative manner to work out a fair and reasonable resolution, such as a repayment plan, to avoid a foreclosure. We will also provide information about homeowner counseling and credit counseling services that may be able to provide further assistance to you. For additional information regarding homeowner counseling and credit counseling services, click here. 04. Ocwen will acknowledge receipt of all written customer complaints within two business days of receipt and respond to all written customer complaints within 15 business days. If we are unable to fully respond to your issue within 15 business days, we will explain why additional time is needed and provide you an estimate of when we expect to be able to reply. 05. Ocwen strongly encourages you to use our monthly escrow account service for paying your taxes and insurance so that you can spread these expenses over 12 months. As is more fully explained during our 'Welcome Call', and on our website, establishing an escrow account with us is free of charge and provides many benefits to you. For additional information on setting up an escrow account, click here. You will be able to print the necessary form on-line. 06. If your loan is escrowed for taxes and/or insurance, Ocwen will pay your taxes and insurance timely and accurately so that you receive the benefits of all discounts. If Ocwen fails to pay your taxes and/or insurance in an accurate or timely manner, you will not be responsible for any penalties or interest. If you pay off your loan, we will promptly return to you any remaining funds in your escrow account. 07. We will report your payment history to major credit reporting agencies on a monthly basis. If you consistently make your payments on time, this may improve your credit history so that you can benefit in future credit transactions. 08. When Ocwen obtains the privilege to service your loan, we will contact you by phone with a 'Welcome Call' within the first 30 days to introduce ourselves, review and confirm your loan information and answer any questions that you may have. If your loan recently transferred to Ocwen and a welcome call has not been completed,click here to log into your account and verify the information provided to us by your prior servicer. This is important for the proper servicing of your loan. By using Wiz, the Ocwen Wizard, you will be able to complete the Welcome to Ocwen script. To log into your account, you will need your Ocwen User Id and password. If you do not have a User Id and password, please click the New User link located above the online sign in area of our home page. Within a few days of first receiving your loan to service, Ocwen will send you a 'Welcome Letter' and an account statement with your first month's payment coupon. Utilizing your payment coupon will help to ensure that your payments are applied to your account timely and accurately.If your loan is transferred from another servicer to Ocwen, we will make every effort to ensure that the transfer is smooth and that all information concerning your loan is set-up in our system accurately.Additionally, if your loan is transferred from another servicer to Ocwen, for the first 60 days after transfer you will not be charged any late fees or have negative information reported to the credit bureaus if your payments are sent timely to your prior servicer. Ocwen will work with your prior servicer to make sure your payment is forwarded to Ocwen and posted to your account accurately.09. Ocwen will ensure that our customer relations, research, collections and loan resolution consultants are well trained, professional, courteous and consultative in all interactions with our customers. We will provide periodic sensitivity and diversity training to all of our staff. We will make every attempt to meet the multilingual needs of our customers. If you are not satisfied with how your loan is being handled, we will make a supervisor available to you. If you are still not satisfied, you may contact our Consumer Ombudsman at (800) 390-4656 or Ombudsman , or you may mail your concerns to Ocwen Financial Corporation, ATTN: Office of the Consumer Ombudsman, P. O. Box 785061, Orlando, FL 32878-5061 for further assistance. 10. Ocwen will issue payoff quotes within four business days of an authorized request. If we are unable to meet that timeframe due to the unavailability of information, we will contact you to advise you of the delay. To request a payoff quote click here . 11. If you are required to maintain adequate hazard and/or flood insurance on your property as part of your loan agreement and Ocwen determines your coverage is not adequate or has lapsed, we will notify you at least two times by mail, the second notice by certified mail, before purchasing adequate insurance for you. We will not have a policy issued on your behalf for at least 60 days after the lapse in coverage, and your account will not be billed for the premium for at least 80 days after the lapse in coverage. If we do purchase insurance for you and later are provided confirmation of continuous insurance coverage on your home, we will credit your account for any premium refund due within 5 business days. If lender placed insurance has been assessed to your loan and you have proof of continuous insurance coverage, and/or you would like to provide updated insurance information via email, click here. You may also fax this information to our Insurance Department at (888) 882-1816. Please be sure to include your loan number.Insurance we purchase on your behalf is usually more expensive than insurance you buy, so please make sure your policy does not lapse and that you provide us with the information about your policy when you renew it.12. We will offer you flexible options for making payments, including checks, money orders and recurring electronic debit (i.e. ACH). Additional flexible payment options via our customer relations and collections agents, interactive voice-response system and our secure website are also available for a small charge. To enroll in Ocwen's Automatic Clearing House program (ACH), click here to print the ACH application. 13. Ocwen will comply with all applicable laws and regulations including the Real Estate Settlement Procedures Act, Fair Debt Collections Practices Act, Fair Credit Reporting Act and Fair Housing laws and regulations. 14. Ocwen will keep your financial information secure and private. We will deny access to your personal account information to anyone who you have not authorized to receive such information. 15. Ocwen will provide you with complete access to your loan balance and account status through our detailed monthly account statements, our 24/7 telephone voice response system, our 24/7 on-line account information website, and our trained customer relations agents and research staff. We can be reached at (800) 746-2936. For information about your loan on-line, click here. To log into your account you will need your account number and the last four digits of your Social Security Number. Wiz, the Ocwen account Wizard, will walk you through your account, answering many of your questions. Always remember, if you question anything above this scary omboodmans guy comes out of the forest with an axe and about 100 people on hold!!!!Ensumbledeuxwellington, KansasU.S.A.
Monday, December 24, 2007
Ocwen Loan Servicing, The Contingent Modification Agreement -- from Hell! Orlando Florida
From: http://www.ripoffreport.com/reports/0/294/RipOff0294238.htm
I entered into a forebearance agreement with Ocwen last year when I took a $1000 decrease in my monthly income. I paid Ocwen faithfully at the same time under this plan. They cashed my checks on the 3rd or 4th of each month. I discovered, however, that they had reported me to the credit bureau as late -- EVERY OTHER MONTH. They explained that this was due to their 'internal' accounting process that held a payment in suspense one month, then released it the next. I gave up trying to figure out how Ocwen could cash a check on the 3rd or 4th of EVERY month, but decide to report it as late 5 out of 10 times. I contacted the Consumer Ombudsman's office for assistance. After their review, they determined that the payments should have been reported late every month!! They changed the info in the credit bureau to reflect that ALL of the payments were late, and then tacked on an additional $800 of late fees! Okay, I understand that contractually, I am late; under the forebearance plan, I am not. Can't fight that logic.Since those 5 late payments prevented me from refinancing my adjustable rate mortgage, I decided I would go through Ocwen's loan resolution folks to see if they would modify the loan to a fixed rate. They agreed, but here are the hoops that they want us to jump through: 1. Give up any right to litigate regarding their handling of the loan;2. The amount they are asking for today can change at any time -- if it changes, it can be tacked onto the amount that I'm behind and I will HAVE to satisfy this undisclosed amount before April, 2008. In their world, if they decide to add thousands of dollars in fees and costs by April, I will automatically default on the agreement if I don't pay these hidden costs;3. All payments must be wire transferred or overnighted to them to be received by the 1st of the month. If they claim they didn't get the payment (which they have done in the past), all bets are off -- they will begin foreclosure proceedings with no further notice!4. If I am able to satisfy all of their requirements by April, they will 'use our best efforts' to notify their counsel that we have reached an agreement. If they fail to do so, it is up to me to notify the counsel, and if I fail, they will begin foreclosure proceedings;5. Remit to them any escrow balances in full; In other words, pay them by April , 2008, all of the taxes due for the entire year of 2008, even though they are not due until December. Also, pay the homeowners insurance for all of 2008. None of these expenses had been escrowed before, and they are currently auto-deducted from my checking account.Now, if I manage to luck up and Ocwen does not tack on a bunch of fees and costs, I'll have a new mortgage agreement with a better interest rate in April 2008. Until my credit score improves, I can't do any better.With Ocwen's track record of class action lawsuits and reputation of swindling customers, etc., it scares me to death. It's like making a deal with the devil. If anyone has any experience with one of these loan modification agreements, please contact me or email a reply to me or the ripoff report site.Pamt726Orlando, FloridaU.S.A.
I entered into a forebearance agreement with Ocwen last year when I took a $1000 decrease in my monthly income. I paid Ocwen faithfully at the same time under this plan. They cashed my checks on the 3rd or 4th of each month. I discovered, however, that they had reported me to the credit bureau as late -- EVERY OTHER MONTH. They explained that this was due to their 'internal' accounting process that held a payment in suspense one month, then released it the next. I gave up trying to figure out how Ocwen could cash a check on the 3rd or 4th of EVERY month, but decide to report it as late 5 out of 10 times. I contacted the Consumer Ombudsman's office for assistance. After their review, they determined that the payments should have been reported late every month!! They changed the info in the credit bureau to reflect that ALL of the payments were late, and then tacked on an additional $800 of late fees! Okay, I understand that contractually, I am late; under the forebearance plan, I am not. Can't fight that logic.Since those 5 late payments prevented me from refinancing my adjustable rate mortgage, I decided I would go through Ocwen's loan resolution folks to see if they would modify the loan to a fixed rate. They agreed, but here are the hoops that they want us to jump through: 1. Give up any right to litigate regarding their handling of the loan;2. The amount they are asking for today can change at any time -- if it changes, it can be tacked onto the amount that I'm behind and I will HAVE to satisfy this undisclosed amount before April, 2008. In their world, if they decide to add thousands of dollars in fees and costs by April, I will automatically default on the agreement if I don't pay these hidden costs;3. All payments must be wire transferred or overnighted to them to be received by the 1st of the month. If they claim they didn't get the payment (which they have done in the past), all bets are off -- they will begin foreclosure proceedings with no further notice!4. If I am able to satisfy all of their requirements by April, they will 'use our best efforts' to notify their counsel that we have reached an agreement. If they fail to do so, it is up to me to notify the counsel, and if I fail, they will begin foreclosure proceedings;5. Remit to them any escrow balances in full; In other words, pay them by April , 2008, all of the taxes due for the entire year of 2008, even though they are not due until December. Also, pay the homeowners insurance for all of 2008. None of these expenses had been escrowed before, and they are currently auto-deducted from my checking account.Now, if I manage to luck up and Ocwen does not tack on a bunch of fees and costs, I'll have a new mortgage agreement with a better interest rate in April 2008. Until my credit score improves, I can't do any better.With Ocwen's track record of class action lawsuits and reputation of swindling customers, etc., it scares me to death. It's like making a deal with the devil. If anyone has any experience with one of these loan modification agreements, please contact me or email a reply to me or the ripoff report site.Pamt726Orlando, FloridaU.S.A.
Sunday, December 23, 2007
Ocwen Can you believe this Orlando Florida
From: http://www.ripoffreport.com/reports/0/292/RipOff0292674.htm
I am horrified at this site. How many people have to write basically the same story before the curtain falls on Ocwen. I am currently in foreclosure with a foreclosure sale date from this horrible company. I am appalled at the entries from Ocwen employees ( if any of them are employees of Ocwen and not the company lawyers themselves ) even suggesting that the endless amount of customers including myself that are being victimized by this company are somehow at fault or overextended or didn't understand mortgages. I ( like so many of you ) have written, called, put on hold for 45 minutes then hung up on for one solid year.I believe it's important to note: I DID NOT CHOOSE OCWEN, THEY CHOSE ME!!!!In summary of my nightmare with Ocwen - Dec. 2006 they bought my note from Indy-Mac. They sent my first notice in Jan. 2007, they never applied my Dec. 2006 payment made to Indy-Mac and the horror began. I called constantly, wrote to them constantly - never got any additional response except that they had no record of the December payment - no kidding, in my letter I explained the Dec. payment went to Indy-Mac. The late charges began with every month, in July 2007 - I didn't receive a payment coupon - but soon, letters from an attorney for foreclosure.I have written to my Senators, Governor, Attorney General, Banking Regulators in New Hampshire to intervene. I asked Ocwen for an amount to bring my mortgage into current and good standing, told them I had all the money for the 'real' payments. NO RESPONSE except a letter from their Massachusetts lawyer giving me a Foreclosure date.Good to know the law firms of this country like working for the crooks, must be better money than honesty, integrity, and everything our system is suppose to represent. Please note: the law firm of KORDE & ASSOCIATES in CHELMSFORD, MA. are working for the crooks and have no problem with it.I am facing foreclosure in January, have hired an attorney ( like I can afford to waste money there ) and will sue Ocwen for the rest of my life if I have to. I am lost as to why our government, local, state and federal doesn't come storming up to the doors of this scum outfit and arrest everyone there, including each employee from janitor to CEO ( employees just because you would have to be stupid or a thief to work there ). What's it going to take to get action - while Ocwen continues to ruin hard working people's lives.Entry after entry ( to include mine ) say the same thing over and over - what does the government think - all of us that according to government officials should not have HOMES to begin with, as the Senator from Massachusetts Barnie Franks -Democrat says - got together and made this up.We are in the ( love this term ) SUB-PRIME market because 'A' Banks won't even talk to us - apparently they (Banks) know better than we do what we can afford or really who should have HOMES. We (I) need ACTION, not a huge amount of entries that state the same horror story.The ACTION required - scum like Ocwen, Option One, Wells-Fargo need to be forced out of business and all our mortgages need to be secured FIXED with a reasonable interest rate. No more words
I am horrified at this site. How many people have to write basically the same story before the curtain falls on Ocwen. I am currently in foreclosure with a foreclosure sale date from this horrible company. I am appalled at the entries from Ocwen employees ( if any of them are employees of Ocwen and not the company lawyers themselves ) even suggesting that the endless amount of customers including myself that are being victimized by this company are somehow at fault or overextended or didn't understand mortgages. I ( like so many of you ) have written, called, put on hold for 45 minutes then hung up on for one solid year.I believe it's important to note: I DID NOT CHOOSE OCWEN, THEY CHOSE ME!!!!In summary of my nightmare with Ocwen - Dec. 2006 they bought my note from Indy-Mac. They sent my first notice in Jan. 2007, they never applied my Dec. 2006 payment made to Indy-Mac and the horror began. I called constantly, wrote to them constantly - never got any additional response except that they had no record of the December payment - no kidding, in my letter I explained the Dec. payment went to Indy-Mac. The late charges began with every month, in July 2007 - I didn't receive a payment coupon - but soon, letters from an attorney for foreclosure.I have written to my Senators, Governor, Attorney General, Banking Regulators in New Hampshire to intervene. I asked Ocwen for an amount to bring my mortgage into current and good standing, told them I had all the money for the 'real' payments. NO RESPONSE except a letter from their Massachusetts lawyer giving me a Foreclosure date.Good to know the law firms of this country like working for the crooks, must be better money than honesty, integrity, and everything our system is suppose to represent. Please note: the law firm of KORDE & ASSOCIATES in CHELMSFORD, MA. are working for the crooks and have no problem with it.I am facing foreclosure in January, have hired an attorney ( like I can afford to waste money there ) and will sue Ocwen for the rest of my life if I have to. I am lost as to why our government, local, state and federal doesn't come storming up to the doors of this scum outfit and arrest everyone there, including each employee from janitor to CEO ( employees just because you would have to be stupid or a thief to work there ). What's it going to take to get action - while Ocwen continues to ruin hard working people's lives.Entry after entry ( to include mine ) say the same thing over and over - what does the government think - all of us that according to government officials should not have HOMES to begin with, as the Senator from Massachusetts Barnie Franks -Democrat says - got together and made this up.We are in the ( love this term ) SUB-PRIME market because 'A' Banks won't even talk to us - apparently they (Banks) know better than we do what we can afford or really who should have HOMES. We (I) need ACTION, not a huge amount of entries that state the same horror story.The ACTION required - scum like Ocwen, Option One, Wells-Fargo need to be forced out of business and all our mortgages need to be secured FIXED with a reasonable interest rate. No more words
Saturday, December 22, 2007
Delta Funding / Ocwen Delta Funding and Ocwen create false forclosure to take my equity and home Woodbury New York
From: http://www.ripoffreport.com/reports/0/293/RipOff0293649.htm
I am one of many who has fallen victim to mortgage fraud at the hands of Delta Funding and Ocwen. In short the company created a scenario where my taxes and Mort. payment were mysteriously being paid differently and then not at all. Claims were that I have been behind on Mort. payments in the number of 30 plus payments and that taxes were not collected and some how now lost paperwork. Yes... 30 plus payments... totally impossible. Taxes are a total lie.. if I missed one there would be yellow tape marking off my property. We all know that. So I sent all proof of taxes paid and the 2 and a hlf years of mortgage to what appears to be a fax machine in a vacant building in Florida. Although I had irrefutable proof, I was somehow still bullied into selling my home in order to save it from foreclosure!? I never recouped the lost equity that was very large, and I never had proper representation to file for any recourse. Now I found this site on my own years later after hearing about Mortgage scams. I ask anyone out there to inform me on how to take action and sue this disgraceful company for the money they stole from me... it was enough to secure my parents in their later years. Now every one is suffering.Thanks in advance,ChrisChriscenterport, New YorkU.S.A.
I am one of many who has fallen victim to mortgage fraud at the hands of Delta Funding and Ocwen. In short the company created a scenario where my taxes and Mort. payment were mysteriously being paid differently and then not at all. Claims were that I have been behind on Mort. payments in the number of 30 plus payments and that taxes were not collected and some how now lost paperwork. Yes... 30 plus payments... totally impossible. Taxes are a total lie.. if I missed one there would be yellow tape marking off my property. We all know that. So I sent all proof of taxes paid and the 2 and a hlf years of mortgage to what appears to be a fax machine in a vacant building in Florida. Although I had irrefutable proof, I was somehow still bullied into selling my home in order to save it from foreclosure!? I never recouped the lost equity that was very large, and I never had proper representation to file for any recourse. Now I found this site on my own years later after hearing about Mortgage scams. I ask anyone out there to inform me on how to take action and sue this disgraceful company for the money they stole from me... it was enough to secure my parents in their later years. Now every one is suffering.Thanks in advance,ChrisChriscenterport, New YorkU.S.A.
Ocwen Loan Servicing completed forberance agreement with Aegis mortgage in July 07, then notified that ocwen was going to be the new mortgage co. and
From:http://www.ripoffreport.com/reports/0/292/RipOff0292601.htm
Ocwen Loan Servicing completed forberance agreement with Aegis mortgage in July 07, then notified that ocwen was going to be the new mortgage co. and send payments there. I sent my august payment to them, and received countless letters saying I owed from march of 07. This confused me to say the least, and after many tries to contact them for info, im either on hold or get someone I cant understand. Desperate for legal help Orlando Florida
I am self employed,have no home phone to save money,I have made countless attempts to contact ocwen. I have many questions to get answered,and even tried to log in to the web site so I could understand,but that doesnt work either. I have contacted the 'Hope,' line and got more Info from them,they are great,but I cant make contact through ocwen.. I am afraid that they are trying to either take my home or trying to get late fees etc......I gave them my e-mail address as I can get to a laptop,but they don't apparentely have a direct address. My wife moved out months ago,I have limited cash,and am trying to work,losing money on hold all the time. Almost ready to give up....If anyone can help,legally,or some of us can get together,please let me know..I want to save my homethis company claims I am way behind,by mail,but I dont know if I can even trust sending a payment to them I should have been caught up . I can write a book on this,but you get the picture.thank you for your time.Robertw charleston, VermontU.S.A.
Ocwen Loan Servicing completed forberance agreement with Aegis mortgage in July 07, then notified that ocwen was going to be the new mortgage co. and send payments there. I sent my august payment to them, and received countless letters saying I owed from march of 07. This confused me to say the least, and after many tries to contact them for info, im either on hold or get someone I cant understand. Desperate for legal help Orlando Florida
I am self employed,have no home phone to save money,I have made countless attempts to contact ocwen. I have many questions to get answered,and even tried to log in to the web site so I could understand,but that doesnt work either. I have contacted the 'Hope,' line and got more Info from them,they are great,but I cant make contact through ocwen.. I am afraid that they are trying to either take my home or trying to get late fees etc......I gave them my e-mail address as I can get to a laptop,but they don't apparentely have a direct address. My wife moved out months ago,I have limited cash,and am trying to work,losing money on hold all the time. Almost ready to give up....If anyone can help,legally,or some of us can get together,please let me know..I want to save my homethis company claims I am way behind,by mail,but I dont know if I can even trust sending a payment to them I should have been caught up . I can write a book on this,but you get the picture.thank you for your time.Robertw charleston, VermontU.S.A.
Friday, December 21, 2007
Ocwen Loan Servicing - Ocwen Federal Bank ripoff Breach of Settlement Agreement West Palm Beach Florida
From: http://www.ripoffreport.com/reports/0/269/RipOff0269655.htm
Ocwen,(which is NewCo spelled backward) filed a foreclosure action against me in Feb of 2004. After 36 months of litigation, we finally reached a settlement agreement in Feb. of 2007. As part of the agreement, Ocwen was supposed to remove all negative reporting from the credit bureaus.As of August,2007, they have failed to comply even though a Judge ordered them to do so on July 30, 2007.Their modus operendi is to target borrowers who have lots of equity in their properties. Then they will back date the start date to pay, for example in my case from May 1, 2002 to March 1, 2002 (thus putting the person two months in arrears from the get go). Next they will claim not to have received a payment (ie in my case the Nov. 2003 payment).Luckily for me, I saved all my paperwork and my cancelled checks, so I was able to prove to their third attorney that they were wrong. Their first attorney realized they were wrong back in 2004 and wanted to settle so they got rid of him and found another shister to try and save their case. Luckily for me, she blatently forged a stipulation and was detected by the Judge. She was removed and faces charges. At this point, their third attorney realized it was time to settle since they had no case.Ocwen took revenge by failing to clean up my credit and is thus preventing me from refinancing. Truly, this is a criminal organization and needs to be put out of business permanently. They already had to give up their Federal Charter in 2005 because of the heat. They can not survive with their colections of nickels and dimes so their profit center is bogus foreclosures.MichaelTampa, FloridaU.S.A
Ocwen,(which is NewCo spelled backward) filed a foreclosure action against me in Feb of 2004. After 36 months of litigation, we finally reached a settlement agreement in Feb. of 2007. As part of the agreement, Ocwen was supposed to remove all negative reporting from the credit bureaus.As of August,2007, they have failed to comply even though a Judge ordered them to do so on July 30, 2007.Their modus operendi is to target borrowers who have lots of equity in their properties. Then they will back date the start date to pay, for example in my case from May 1, 2002 to March 1, 2002 (thus putting the person two months in arrears from the get go). Next they will claim not to have received a payment (ie in my case the Nov. 2003 payment).Luckily for me, I saved all my paperwork and my cancelled checks, so I was able to prove to their third attorney that they were wrong. Their first attorney realized they were wrong back in 2004 and wanted to settle so they got rid of him and found another shister to try and save their case. Luckily for me, she blatently forged a stipulation and was detected by the Judge. She was removed and faces charges. At this point, their third attorney realized it was time to settle since they had no case.Ocwen took revenge by failing to clean up my credit and is thus preventing me from refinancing. Truly, this is a criminal organization and needs to be put out of business permanently. They already had to give up their Federal Charter in 2005 because of the heat. They can not survive with their colections of nickels and dimes so their profit center is bogus foreclosures.MichaelTampa, FloridaU.S.A
Ocwen ON HOLD AND TRANSFERRED FOR HOURS ORLANDO Florida
From: http://www.ripoffreport.com/reports/0/290/RipOff0290786.htm
in these trying times with mortgages all you hear is contact your lender just dont ignore their phone calls. well i have tried to deal with ocwen since october 2007 to try and lower my interest rate back down to where it originally was. in oct i requested loan mitagation papers from ocwen and now here it is dec 11, 2007 and i still dont have those papers. i also requested them again in nov and still dont have them. my mortgage went up 900.00 and is really causing me pain. after sitting on the phone for over an hour waiting for someone to help i got transferred several times and on hold again for over 45 minutes to then be transferred to an extention that said something to the effect that it was no longer in business. finally after pushing numbers on my phone seemingly like forever, getting disconnected, and putting in my account number more than enough times and going on the internet to their supposedly active prevent foreclosure department and trying to fill out my situation where the screen says you can and by the way you cant.i reached someone who said they could fax me the docks tomorrow. we will see. now that i have been paying the extra 900.00 for the third month in a row. then of course it will take them 90 days to process them and by then i will probably just call them up and tell them they can have my home and go rent an apartment and i will then be a much happier person when my whole paycheck isnt going towards this home in california that i work so hard to keep. i contacted my second mortgage with litton loan and within in 45 days they lowered my rate from 10.00% to 8.00% WITH NO PROBLEM OR DRAMANoneNONE, CaliforniaU.S.A.
in these trying times with mortgages all you hear is contact your lender just dont ignore their phone calls. well i have tried to deal with ocwen since october 2007 to try and lower my interest rate back down to where it originally was. in oct i requested loan mitagation papers from ocwen and now here it is dec 11, 2007 and i still dont have those papers. i also requested them again in nov and still dont have them. my mortgage went up 900.00 and is really causing me pain. after sitting on the phone for over an hour waiting for someone to help i got transferred several times and on hold again for over 45 minutes to then be transferred to an extention that said something to the effect that it was no longer in business. finally after pushing numbers on my phone seemingly like forever, getting disconnected, and putting in my account number more than enough times and going on the internet to their supposedly active prevent foreclosure department and trying to fill out my situation where the screen says you can and by the way you cant.i reached someone who said they could fax me the docks tomorrow. we will see. now that i have been paying the extra 900.00 for the third month in a row. then of course it will take them 90 days to process them and by then i will probably just call them up and tell them they can have my home and go rent an apartment and i will then be a much happier person when my whole paycheck isnt going towards this home in california that i work so hard to keep. i contacted my second mortgage with litton loan and within in 45 days they lowered my rate from 10.00% to 8.00% WITH NO PROBLEM OR DRAMANoneNONE, CaliforniaU.S.A.
Ocwen mortgage help for single mom Ocwen says NO ! Orlando Florida
From: http://www.ripoffreport.com/reports/0/289/RipOff0289990.htm
Ms. Razzx-I am not your mortgage servicer. You need to get in touch with an attorney right away for legal help.RHLS cannot represent you directly. We can only give you advice about your HEMAP application, where you can get legal and other help and information, etc.Donald Marritz, staff attorney Regional Housing Legal Services (((ROR REDACTED)))-----Original Message-----From: (((ROR REDACTED)))Sent: Friday, December 07, 2007 3:46 PMTo: (((ROR REDACTED)))Subject: Message from HEMAP ApplicantApplicant's problem relates to: ApplicationApplicant's message:after being denied HEMAP , and before appeal today 12/7/07Mr Begley , Please inform me to the status of my mortgage agreement . As it seems terms were broken on your end .My agreement was for the 5th ,Ms White promised me she stopped the sheriff sale in writing on severaloccasions on the 15th of November .The sale was on the 4th . I contacted the sheriffs office , as 2 large men were here today , to change the locks on my new door ! You excepted my fax , with the forbearance plan , & the UPS tracked you received my payment of $1840.I am unable to reassure my self & my son that we are safe tonight in this house as these men were truly scary . And I am threatened . I abided by youragreement again , I am not writing you again , or calling OCWEN . You will get my payment by Jan 1, 08 as in the agreement . I will attain attorney w/ the help of the sheriffs office. I am a single mom ,on social security disability . My minor son has anaphylaxis and spinal bifidia . We are alone in the bills & the morgage , but are trying very hard to work with them . Day to day for the last 2 years I have been uncertain as to whether or not we will have a home . At lat contact I was told my home was sold before my forebarence agreement was term ? ! This morning 2 men came to lock us out of our home , after I paid the down payment & signed the agreement and faxed in to OCWEN I still do not know? Mrazziphila, PennsylvaniaU.S.A.
Ms. Razzx-I am not your mortgage servicer. You need to get in touch with an attorney right away for legal help.RHLS cannot represent you directly. We can only give you advice about your HEMAP application, where you can get legal and other help and information, etc.Donald Marritz, staff attorney Regional Housing Legal Services (((ROR REDACTED)))-----Original Message-----From: (((ROR REDACTED)))Sent: Friday, December 07, 2007 3:46 PMTo: (((ROR REDACTED)))Subject: Message from HEMAP ApplicantApplicant's problem relates to: ApplicationApplicant's message:after being denied HEMAP , and before appeal today 12/7/07Mr Begley , Please inform me to the status of my mortgage agreement . As it seems terms were broken on your end .My agreement was for the 5th ,Ms White promised me she stopped the sheriff sale in writing on severaloccasions on the 15th of November .The sale was on the 4th . I contacted the sheriffs office , as 2 large men were here today , to change the locks on my new door ! You excepted my fax , with the forbearance plan , & the UPS tracked you received my payment of $1840.I am unable to reassure my self & my son that we are safe tonight in this house as these men were truly scary . And I am threatened . I abided by youragreement again , I am not writing you again , or calling OCWEN . You will get my payment by Jan 1, 08 as in the agreement . I will attain attorney w/ the help of the sheriffs office. I am a single mom ,on social security disability . My minor son has anaphylaxis and spinal bifidia . We are alone in the bills & the morgage , but are trying very hard to work with them . Day to day for the last 2 years I have been uncertain as to whether or not we will have a home . At lat contact I was told my home was sold before my forebarence agreement was term ? ! This morning 2 men came to lock us out of our home , after I paid the down payment & signed the agreement and faxed in to OCWEN I still do not know? Mrazziphila, PennsylvaniaU.S.A.
Thursday, December 20, 2007
Ocwen Federal Bank I believe its a trap to take your home Orlando
From:http://www.ripoffreport.com/reports/0/289/RipOff0289862.htm
I am also in a bind with this company, due to my mother's situation which disallows her to work medically, our income had shorten. I called Ocwen bank prior to hardship and I ask them that there is a finacial difficulty at this time and it would be temporary and if there is a temporary forberance for a short period of time reduce the monthly payment for at least 6-12 months until I can gain better control or the mortgage payment before it came to that point which is now. I was told that the only program they have is for me to purposely miss one month payment and then I will recieve a forberance form from them, fill it out and they will set up a payment plan which would be higher than what I was paying. I told them I dont want to miss a payment and get reported to the credit beauru but it was my only option. I want to get out of this situation. My mother told me she had to deal with them many years ago when another bank sold over to Ocwen and they double her payment and if she missed one, she would automatically lose the house. She still have all those documents and If theres a way out please let me know.Diane rBrooklyn, New YorkU.S.A.
I am also in a bind with this company, due to my mother's situation which disallows her to work medically, our income had shorten. I called Ocwen bank prior to hardship and I ask them that there is a finacial difficulty at this time and it would be temporary and if there is a temporary forberance for a short period of time reduce the monthly payment for at least 6-12 months until I can gain better control or the mortgage payment before it came to that point which is now. I was told that the only program they have is for me to purposely miss one month payment and then I will recieve a forberance form from them, fill it out and they will set up a payment plan which would be higher than what I was paying. I told them I dont want to miss a payment and get reported to the credit beauru but it was my only option. I want to get out of this situation. My mother told me she had to deal with them many years ago when another bank sold over to Ocwen and they double her payment and if she missed one, she would automatically lose the house. She still have all those documents and If theres a way out please let me know.Diane rBrooklyn, New YorkU.S.A.
Ocwen Loan Servicing Took my mothers home of 38 years alowing her to get a year behind raising her payments Orlando Florida
From:http://www.ripoffreport.com/reports/0/289/RipOff0289140.htm
I never knew anything about Ocwen until I moved into my mother's home in April of 2005, after a fire I was involved in earlier that year that claimed the life of my 12 year old son.My mother left her home claming that she couldnt cope with her payments and high utilites costs and that I could live there since I had no where else to go. It seemed like a good idea at the time I gave her first month and sercurity and moved in.All was fine until a few months later when my mother informed me that the interst rates and monthly payments would be increasing I thought nothing of it and made those payments. 3 months later my fiance was diagnosed with colon cancer and his income stopped and since I was already on disability money got tight I decided to contact Ocwen to inform them. ( my mother had givin them permisson to talk to me) I was told that my mother was 1 year behind and that they could not make any more arrangments with me. I started to make partcial payments missed some months and until of course foreclosure. I was told that I did not have the funds to make any more arrangments with them so I went out against my doctors orders and found a part time job then I called a Credit Counseling agency that tried to help me and emailed Ocwen and told them that I had the income to reinstated the loan and to put the 13,000 in behind payments to the end of the loan and start fresh. Ocwen said to give them 72 hours to make a desion I called them back when I did not get a response and was told that they sold the house Oct 24 2007 for 81,000 (which no one purchased) and that they never got a email from a conseling agency or got it too late and that in order to reinstate the mortgage I needed to come up with 25,000.I dont have that kind of money and I am the only income that my family has. Then to add insult to injury Ocwen emails me on the 27th of Nov telling me that they have a reinstatment quotei ( which gave me this web site) but when I call to talk to them about it they gave me a number that was a fax machine and no other information. I have the income to pay the mortgage now but they refuse to give me a chance I know they just want this house but due to all of the repairs it needs they could not sell it at the sheirff sale for 81,000 so they sent it to a realator which is in for a surprise when he sees whats in store for him when he tries to find a buyer other than me that is willing to take the house as is.TammiGrand Rapids, MichiganU.S.A
I never knew anything about Ocwen until I moved into my mother's home in April of 2005, after a fire I was involved in earlier that year that claimed the life of my 12 year old son.My mother left her home claming that she couldnt cope with her payments and high utilites costs and that I could live there since I had no where else to go. It seemed like a good idea at the time I gave her first month and sercurity and moved in.All was fine until a few months later when my mother informed me that the interst rates and monthly payments would be increasing I thought nothing of it and made those payments. 3 months later my fiance was diagnosed with colon cancer and his income stopped and since I was already on disability money got tight I decided to contact Ocwen to inform them. ( my mother had givin them permisson to talk to me) I was told that my mother was 1 year behind and that they could not make any more arrangments with me. I started to make partcial payments missed some months and until of course foreclosure. I was told that I did not have the funds to make any more arrangments with them so I went out against my doctors orders and found a part time job then I called a Credit Counseling agency that tried to help me and emailed Ocwen and told them that I had the income to reinstated the loan and to put the 13,000 in behind payments to the end of the loan and start fresh. Ocwen said to give them 72 hours to make a desion I called them back when I did not get a response and was told that they sold the house Oct 24 2007 for 81,000 (which no one purchased) and that they never got a email from a conseling agency or got it too late and that in order to reinstate the mortgage I needed to come up with 25,000.I dont have that kind of money and I am the only income that my family has. Then to add insult to injury Ocwen emails me on the 27th of Nov telling me that they have a reinstatment quotei ( which gave me this web site) but when I call to talk to them about it they gave me a number that was a fax machine and no other information. I have the income to pay the mortgage now but they refuse to give me a chance I know they just want this house but due to all of the repairs it needs they could not sell it at the sheirff sale for 81,000 so they sent it to a realator which is in for a surprise when he sees whats in store for him when he tries to find a buyer other than me that is willing to take the house as is.TammiGrand Rapids, MichiganU.S.A
Wednesday, December 19, 2007
Too Bad Boston Legals Alan Shore can't take on Ocwen
Too bad Boston Legals Alan Shore can't take on Ocwen and their BS! That would have to turn into a min-series; no-way could that happen in just 1 week.
From: http://www.boston-legal.org/forum/topic.asp?TOPIC_ID=1896
Thanks, ADA! Once again, DEK has torn a topic from today's headlines: the lending crisis.
Here's what one renowned civic leader has to say about it in today's Sun-Times. The bold-faced emphasis was mine, I'd look for these to be among Alan's points:
2 million homeowners are too many to fail: We need action November 13, 2007JESSE JACKSON jjackson@rainbowpush.org
It is time to act. Join us on Dec. 10 on Wall Street and in cities across the country. Stand up to stop the wave of home loan defaults that threatens to foreclose not just on people's homes but on our hopes.
The problem keeps getting worse. Two million homeowners face foreclosure over the next year. Their neighbors will lose billions of the equity they have in their homes. Millions will find themselves stuck, unable to get a decent price for their homes in a flooded market. Tens of millions more will tighten their belts. Communities, from Cleveland to Las Vegas to much of Florida and beyond, will struggle with budget crises.
This is a recipe for recession. Fed Chairman Ben S. Bernanke told Congress he expects slowing growth and rising unemployment. How could he not? The financial sector, which generates nearly one-third of all corporate earnings, has written off about $40 billion in troubled loans this year, with more to come. Gas prices are hitting $100 a barrel, even as we head into the cold winter months. Food prices are rising. Americans, already burdened with stagnant incomes, now are piling up credit card debt just to make ends meet. We're headed into rough waters.
But so far there has been no action on any program of any scale to keep people from losing their homes, fouling their neighborhoods and driving cities and schools into budget crises and the nation into recession.
The investment houses and banks already have been helped. The Federal Reserve lowered interest rates; the Treasury pushed to set up a $70 billion fund to help Citibank and others manage the losses. They didn't sort out the worthy from the irresponsible. The Treasury didn't suggest risk counseling for the financial houses that lost billions.
But for homeowners, the Federal Reserve and the Treasury call for case-by-case solutions, for strapped homeowners to get individual counseling, even when they know this can't meet the crisis. In Congress, Rep. Barney Frank has pushed for action. But Republicans are opposed, and Senate Democrats seem increasingly to cater to the fortunes of Wall Street rather than Main Street. With the exception of John Edwards, the presidential candidates and their economic advisers address the issue as if it were someone else's problem.
This makes no sense. Many homeowners now facing foreclosure were steered into subprime mortgages, often laced with hidden fees that they never knew about. Single women, young couples, Latinos and African Americans were particular targets of aggressive mortgage brokers. The brokers didn't care if the loan made sense because they sold it off immediately to the financial houses. And they had a big incentive to hide the fees and interest rate jumps because those made the loans worth more when sold. Now new homeowners who have kept up their payments are facing foreclosure.
Citibank warns that it is too big to fail, that the Treasury must act to bail out the banks. But 2 million homeowners are too many to fail; they will take down our economy if they do.
So it is time to challenge the timidity and the cribbed imaginations in Washington and to demand action before the crisis brings down the entire economy. We need action to postpone all resets for those who have maintained their payments. We need Fannie Mae or the FHA to step up to require renegotiations before foreclosures. It is time to support homeowners, not just speculators.
From: http://activerain.com/blogsview/312173/
Boston-Legal-takes-onBoston Legal takes on the mortgage bankers Its official: The sub-prime mortgage meltdown has made it to prime time. Last night on Boston Legal, my favorite TV lawyer took the case of a borrower, facing foreclosure, and negotiated a new deal with the bank. This was entertainment pure and simple, but the point was made that borrowers and lenders have both been hurt by this mess, that neither side saw it coming and it's in the interest of both sides to make a deal.
I might add if they dont (make a deal) we are looking at an economic crisis the likes of which we havent seen since the 1930's Then it was the easy money provided by the banks in the roaring 20's that allowed "investors" to get in over their heads in the stock market on 10% margin. When the inevitable crash happened, it brought down the banks with it and we had the great depression. This time it was also easy money that fueled the boom "Investors" got in over their heads with 100% financing and the buble burst. Will this crash also bring down the banks and result in another depression? only time will tell. but in my mind the only solution is to make a deal....either the banks will do it on their own, or government will force it. If we let the markets correct themselves and let the chips fall where they may....its depression time.
From: http://www.boston-legal.org/forum/topic.asp?TOPIC_ID=1896
Thanks, ADA! Once again, DEK has torn a topic from today's headlines: the lending crisis.
Here's what one renowned civic leader has to say about it in today's Sun-Times. The bold-faced emphasis was mine, I'd look for these to be among Alan's points:
2 million homeowners are too many to fail: We need action November 13, 2007JESSE JACKSON jjackson@rainbowpush.org
It is time to act. Join us on Dec. 10 on Wall Street and in cities across the country. Stand up to stop the wave of home loan defaults that threatens to foreclose not just on people's homes but on our hopes.
The problem keeps getting worse. Two million homeowners face foreclosure over the next year. Their neighbors will lose billions of the equity they have in their homes. Millions will find themselves stuck, unable to get a decent price for their homes in a flooded market. Tens of millions more will tighten their belts. Communities, from Cleveland to Las Vegas to much of Florida and beyond, will struggle with budget crises.
This is a recipe for recession. Fed Chairman Ben S. Bernanke told Congress he expects slowing growth and rising unemployment. How could he not? The financial sector, which generates nearly one-third of all corporate earnings, has written off about $40 billion in troubled loans this year, with more to come. Gas prices are hitting $100 a barrel, even as we head into the cold winter months. Food prices are rising. Americans, already burdened with stagnant incomes, now are piling up credit card debt just to make ends meet. We're headed into rough waters.
But so far there has been no action on any program of any scale to keep people from losing their homes, fouling their neighborhoods and driving cities and schools into budget crises and the nation into recession.
The investment houses and banks already have been helped. The Federal Reserve lowered interest rates; the Treasury pushed to set up a $70 billion fund to help Citibank and others manage the losses. They didn't sort out the worthy from the irresponsible. The Treasury didn't suggest risk counseling for the financial houses that lost billions.
But for homeowners, the Federal Reserve and the Treasury call for case-by-case solutions, for strapped homeowners to get individual counseling, even when they know this can't meet the crisis. In Congress, Rep. Barney Frank has pushed for action. But Republicans are opposed, and Senate Democrats seem increasingly to cater to the fortunes of Wall Street rather than Main Street. With the exception of John Edwards, the presidential candidates and their economic advisers address the issue as if it were someone else's problem.
This makes no sense. Many homeowners now facing foreclosure were steered into subprime mortgages, often laced with hidden fees that they never knew about. Single women, young couples, Latinos and African Americans were particular targets of aggressive mortgage brokers. The brokers didn't care if the loan made sense because they sold it off immediately to the financial houses. And they had a big incentive to hide the fees and interest rate jumps because those made the loans worth more when sold. Now new homeowners who have kept up their payments are facing foreclosure.
Citibank warns that it is too big to fail, that the Treasury must act to bail out the banks. But 2 million homeowners are too many to fail; they will take down our economy if they do.
So it is time to challenge the timidity and the cribbed imaginations in Washington and to demand action before the crisis brings down the entire economy. We need action to postpone all resets for those who have maintained their payments. We need Fannie Mae or the FHA to step up to require renegotiations before foreclosures. It is time to support homeowners, not just speculators.
From: http://activerain.com/blogsview/312173/
Boston-Legal-takes-onBoston Legal takes on the mortgage bankers Its official: The sub-prime mortgage meltdown has made it to prime time. Last night on Boston Legal, my favorite TV lawyer took the case of a borrower, facing foreclosure, and negotiated a new deal with the bank. This was entertainment pure and simple, but the point was made that borrowers and lenders have both been hurt by this mess, that neither side saw it coming and it's in the interest of both sides to make a deal.
I might add if they dont (make a deal) we are looking at an economic crisis the likes of which we havent seen since the 1930's Then it was the easy money provided by the banks in the roaring 20's that allowed "investors" to get in over their heads in the stock market on 10% margin. When the inevitable crash happened, it brought down the banks with it and we had the great depression. This time it was also easy money that fueled the boom "Investors" got in over their heads with 100% financing and the buble burst. Will this crash also bring down the banks and result in another depression? only time will tell. but in my mind the only solution is to make a deal....either the banks will do it on their own, or government will force it. If we let the markets correct themselves and let the chips fall where they may....its depression time.
Saturday, December 15, 2007
Ocwen I can't even give them a 1 out 5
I’ve had a loan with Ocwen for 2 years, when I first received the loan they bombarded me with calls 3 – 4 a day with offers and pestering me as to when I would be paying my loan payment that wasn’t due for 30 days. The person who would contact me spoke horrible English. Now I’m not against people with accents and or working with US citizens but I feel they should have a grasp of the English language to the point I feel they understand me and that I don’t have to repeat myself over and over and over. I asked to be put on a “do not solicited” list and that ended the calls. I never received statements, never received any notices and the tax information I need for my taxes. I paid online using their own payment system that gave me the amount to be paid which I did. On the 25th payment which is when the fixed ended my payment was not processed claiming I had entered the wrong information so the following month I sent 2 checks one for the previous month and the current in 2 envelopes sending both with certified mail and return receipts. They cashed one and held the other, and then I sent my March payment which they held. One day in March I get a letter that my home is in foreclosure and they want to buy the house. I called the number in the letter and chewed the man a new #@$ - hole, accusing him of attempting to scam me and that I would be contacting the proper authorities and the news agencies. He responded with all my information and Ocwen’s phone number and stated “before you call the authorities and the news, call Ocwen and you’ll find out the truth yourself”. I did and found myself 20,000.00 in the rears, they have been holding my payments due to not paying the correct amount, they admit to getting all my mail back and if I just pay 20,000.00 they will fix my credit and my loan would be current. They offer me a “deal” pay them 8,000.00 upfront, sign agreements not to sue them and not to go into bankruptcy and pay them $4,100.00 a month for 18 months and all would be good. I asked them why when my mail was being returned someone didn’t call me and I was told I was on a do not call list and if they called me I could sue them. I have caught them in so many lies that it is not even funny. They contradict themselves with every phone call. I email them with my concerns and explain the whole situation and the response doesn’t even address my questions. They call me back so that there is no paper trail of what they are saying and 4 months later and I still don’t know my payment. Now the guy tells me his customer service person gave me the wrong information and must go through strict Ocwen retraining. He now claims none of my mail was returned, he claims they have held no payments and the envelopes they received were empty. This past Saturday April 7th, I received one of the checks they were holding back and on the check my correct address was put into the memo by someone at Ocwen processing when I ask him as to why I haven’t received any new mail at the corrected address he claims they just got the corrected address a couple of weeks ago and they do not have to send me anything. When I ask that if that were true why did the check that was returned have the correct address on it and it was dated 2 months prior, he states that I wrote it in the memo section or had someone write it in. I can’t find the words to express my feelings on this. It amazes me that they are allowed to do business in this country. They are fleecing the people with loans with them and I can't believe they can wake up every morning and do this with no remorse. Crazy thing is they have the ability to make it right with hundreds of people, they have the opportunity to be a great company and they choose otherwise.
Even Ocwen's phone and information system is a joke. I called and it tells me my last payment of $2634.95 was received on March 5th 2007 and my NEXT payment of $1,2040.26 is due DECEMBER 1, 2006, 2006? They are a year behind!!!! and I didn't even owe that!!!
Then it tells me my hold time is 87,000 minutes.
Even Ocwen's phone and information system is a joke. I called and it tells me my last payment of $2634.95 was received on March 5th 2007 and my NEXT payment of $1,2040.26 is due DECEMBER 1, 2006, 2006? They are a year behind!!!! and I didn't even owe that!!!
Then it tells me my hold time is 87,000 minutes.
Thursday, December 13, 2007
OCWEN FEDERAL BANK AKA OCWEN LOAN SERVCING, LLC EVERY MONTH IS A NEW FIASCO
OCWEN FEDERAL BANK AKA OCWEN LOAN SERVCING, LLC EVERY MONTH IS A NEW FIASCO. WHERE DO I START WILL IT EVER END? TRIED TO BE CIVAL, HAVE DOCUMENTATION THROUGH MONEY GRAM THAT PAYMENTS HAVE ALWAYS BEEN PAID ON TIME AND TODAY I SIGNED FOR SOME DEFAULT PAPERS FROM OCWEN. ORLANDO Florida
From: http://www.ripoffreport.com/reports/0/286/RipOff0286330.htm
11/23/2007 5:26:00 PM
And so it begins...Four years ago our mortgage was purchased by Ocwen from Deutch. Due to health problems, I couldn't pay my payment for about 6 months. My payment was $880.00. I borrowed money to pay my loan up to date of $5,280 plus a probable $100 in fees a month. When I went to their attorney's office, I was shocked to find out 6 months of payments added up to $11,500 to stop foreclosesure. I had to borrow more money. I paid $11,500 so that I wouldn't have to lose my home for my 4 children. Everything went okay for about a year. Every month we paid the amount owed through our checking account until Ocwen started saying that the payment wasn't received. We checked our bank and the amount had been cashed within days of our mailing it. They had the check within the due date but went ahead and added a late fee and then eventually claiming that checks weren't received. So we used their speed pay program which charges about $14 wech time to receive the autimatic confirmation through Ocwen. The payment changed monthly due to the ARM. We would call in to do a speed pay and the amount was always different than what we had been told via mail so we started using money gram/western union to confirm our payment at an additional cost to us and so that we would force them to accept our payment. We actually paid more than they asked thinking that this would offset their fake claims and charges concerning our escrow. We paid our own insurance (and taxes), they forced their policy on us. We had our agent send proof numerous times and they just keep the charge on there. Also, they say we make partial payments and we never have. They played with our escrow and now it is negative again! We called numerous times and get Ocwen representatives from India. We couldn't understand them except for 'Pay or we foreclose on you'. The only way I got the ball rolling at all was to e-mail the omsbudsman at ocwen and I did receive an e-mail that it would be looked into. I later received a payment history showing that I always made timely payment every month, but the stements also showed that they divide that payment how they like by partially applying it to different areas on my account. I asked for it to be clarified...never any answers that made sense. The last 3 months the Federal gov't dropped the interest rate and my payments keep going up every month. As of today's date of 11/23/07, my was $1,265 to $1,285. I believe that it should be going down not up. Today on my Default papers brought to my door, it stated LATE charges as $1,322.89, fee/expenses $1,165.72. So, we acutally are not behind in actual mortagage payment but they are threatening us to pay $4,055.74 or default. Go figure. I am so sick and tired of this. I tired handing this the way you should by talking to the proper channels, by sending e-mails, by sending registered letter with documentation, by also faxing said documentation to the number they provided me. I keeps them off your back for about 3 months and then it starts all over again.If you have advice for me in dealing with this dishonest company, please let me know.Mike & NatalieTulsa, OklahomaU.S.A.
Help needed on an open Class Acton Law Suit against Ocwen
I just did a search on Ripoff Report and it came back with 1540 Reports Found on Ocwen!!! (as of 12/8/2007) What the Hell is going on, and why hasn't our Government shut this Dishonest Company DOWN! From what I have read and is now going on to me, this is criminal! Any help on a Class Acton Law Suit going on now and a Good Attorney in Utah would be appreciated. Please leave help information in the Comments
Thanks DD
Ripoff Report Link: http://www.ripoffreport.com/searchresults.asp?q1=ALL&q2=&q3=&q4=&q5=&q7=&q6=ocwen&searchtype=0
Thanks DD
Ripoff Report Link: http://www.ripoffreport.com/searchresults.asp?q1=ALL&q2=&q3=&q4=&q5=&q7=&q6=ocwen&searchtype=0
Tuesday, December 11, 2007
Banking Cartel Insider Predatory Lending Insider Foreclosure and Mortgage Serving Fraud Part 1, A Study on Ocwen Federal Bank
From: http://www.financialsense.com/editorials/reality/Ocwen/1107.html
Bank by Gale Bullock
November 7, 2004
It is about the manipulation of the property, it's about the financing fraud, and about manipulating the cash flow from occupants of the property – owners, who to Ocwen are merely the present "victims in residence" to be mined for their cash and then kicked out so that the "property" can be recycled for more of the same games – not the sale of the property, but rather the manipulation of it! The sale will cut short the game – so the game is endless by design. Simply stated: It's pure undiluted calculated fraud. Everybody in the game gets ripped except the principals.
– participant in Kweku Hanson’s Class Action Lawsuit against Ocwen Federal Bank
"Complacency is no reward!” – Chevalier Harry Schultz
Just when you think you have most of the mortgage fraud and appraisal fraud figgered out, have written essays on this stuff, have file dossiers on several appraisers in the Central Missouri Region, and you are just waiting to squeeze the triggerfinger to the Missouri Real Estate Appraisers Commission in Jefferson City, you stumble across another Demon in the Reality of Realty con game – another tentacle [and a very big network, Black Market Economy Mafioso Network] in the Financial Rape of the American Public on Main Street America – using real estate for wealth extraction to the Monied Interests on Wall Street.
It is bad enough being financially raped by the Federal Reserve and the likes of Bernanke, McTeer, and Greenspan stealing our wealth – that Fatal Parasite on the American Body Politic! [1] I thought money market fund intermediation was about as bad as it got with the free source Wall Street money to pump to the GSEs [2], and the likes of the Fannie Mae fudge in their derivatives portfolio[3], but these scams absolutely take the cake.
It wasn’t until I performed a foreclosure REO appraisal for Ocwen Realty Advisors, or ORA, that I realized this company was not transparent. Researching the bank holding company, I found that it was not transparent either. Then I met one of the plaintiffs in Kweku Hanson’s Connecticut Class Action suit against Ocwen. I started digging into the Mafioso World of insider predatory lending [4] and mortgage servicing fraud [5] – fast becoming a wealth transfer mechanism [6] much like the Savings and Loan Scam [7] and the BCCI Scam. [8] With all the rhetoric about a real estate bubble, much like the BCCI and Savings and Loan Scams, the real estate markets have already been imploding over the past 10 years in one of the most secretive wealth transfers to Wall Street one could ever imagine – in much the same hush hush as the great wealth transfer in the BCCI and S&L scandal, well outside the news media. Financial rape and wealth transfer to Wall Street’s banking cartel is happening right under or noses. [9]
Laying Down the Basics, Connecting the Dots for You!
What is mortgage servicing fraud? It is simple. It is jerking the mortgagee around on loan payments, insurance, escrow, false credit history reporting on the status of his mortgage payment history, and a myriad of other insider gimmicks, threats, and cognitive dissonance to force the property into foreclosure so the Fat Cat bank holding company can foreclose on the property, buying back the property for the note balance, or less at the actual foreclosure sale. The owner’s equity has already been sucked out of the property in the scam. But, there is the rub! Does the actual foreclosure sale end the game of profits for the insiders? Nope. The foreclosing lender’s liquidation of the property at disposition of the asset ends the con game! Where is the profit?
When the Fat Cat bank holding company sells the property and another lender is on the hook at a higher mortgage than what they foreclosed on, this ends the scam. This is over-simplified, of course, but any Jane and Joe Six-Pack on Main Street America can understand this simple explanation of the economic! Who’s the main target? You – if you have a good credit score, and a lot of equity in the property. If you have a 125% to 150% home-equity loan you should feel really safe. Huh! Usually the owner’s equity is in the 10% to 15% or greater range. When the equity gets below 10% that’s when the pressure builds. Where is the profit to the insiders? Think about it! The actual foreclosure re-sale by the lender ends the game. Profit is made on inside fees, kickbacks, bonuses, perks, and management fees managing the foreclosed property. The borrower’s equity is already sucked out by overcharges, fees, surcharges, late fees, and any other fee the mortgage servicer can come up with, as they intimidate the borrower into submission with high powered legal eagles and attorney-ease, and an extortion of cognitive dissonances – [do a Google.com search on cognitive dissonance!].
We note that Ocwen Realty Advisors [Ocwen Federal Bank] now has the VA contract to manage all VA foreclosure properties. [10] They are going to make a pot load of money, at the taxpayers’ expense with their lack of transparency.
If the rest of the tree falls, it WILL land on the garage…
The Big VA Contract, or Hands in the Taxpayers’ Pockets?
I used to do residential appraisals for both FHA and the VA, but in the game of credit scoring and playing to Wall Street, they both fouled their own nests going to electronic appraisals, demanding this and that, always changing the rules. FHA turned real estate appraisers into home inspectors, so I told them to take a hike. The VA became equally squirrelly, and not reliable as clients, so several years ago, I told the VA to go take a hike. VA used to handle their own foreclosures. I knew their old process. It wasn’t until a little over a year ago that I first heard the name Ocwen. I sometimes handle another Realtor’s shop when she’s out of town. She was working on submitting an offer on a VA foreclosure property and she had to fax something to Ocwen to keep the deal going. Everything had to go through Ocwen to buy the property. I thought that stranger than a monkey with a banana up its you know what.
Nah, this ain’t overgrown landscaping…Them there’s good ole Missouri Hip High Weeds, Ole Buddy!
I just recently appraised a VA foreclosure property for Ocwen Realty Advisors. I don’t send appraisals over the email as pdf files to anyone. The reason is simple. Electronic appraisals can be unlocked, manipulated, changed, digital signatures and appraisal seals stolen, and the comparable sales data that I pay for through MLS or collect on my own is stolen for someone’s big comp sale database, ripping me off – putting me out of business. If my digital credentials are stolen or reused, my identity is stolen, and I have been professionally raped. I am not the only hold out in the industry. ORA was sent a full hard copy of the report to West Palm Beach, Florida. They refused the hard copy report unless I sent it to them as a pdf file. About 25 days after they had received the hard copy of the report, they sent me an email canceling the report, telling me they refused to pay me. This is very transparently unethical business practice and manipulation of the realty valuation industry at the hands of the banking cartel.
Yeah, that there’s black mold [genus species unknown]and the basement’s full of water…
They also have taken ORA off-shore to Banglapore, India. Not only is there no transparency in the Florida version of ORA, there is no transparency between West Palm Beach and Banglapore! That’s another story, however. In preparing a letter to the company, while I was waiting for them to call me back about my fee, refusing to pay me, and canceling the order [Ha, Ha, Ha!], I started researching the total operation as the bank holding company. What I found was a lack of transparency in Ocwen Federal Bank, as well. This week I also checked with my out of town Realtor buddy on the VA foreclosure property I appraised. He had done a BPO [broker’s price opinion, hadn’t been paid yet, either!] on the property as well. Nothing has been done to the VA foreclosure property. It’s still sitting there with hip high weeds and a dead tree in the front yard. Good Lord, help the American Taxpayers!
Going to the Head of the Class Action Suit!
Gee Whiz, I love waxing my surfboard and hopping on a big one at Google! I nearly did a crash and burn when I found www.ocwenfederalsucks.org. This wave was so big, I lost my swimmin' trunks as I nose dived off the surfboard! What a Face Plant! Hopping another wave, I stumbled across Kweku Hanson, a Connecticut Yankee and the Mother Bear of classic action suitwise. [11] Since surfing is not that much of a daunting task at all [Sorry, Big Al, Gotcha on that one!], I hopped out to California on another big wave, and dang it, I fell off my nicely waxed surfboard again with this classic action by some other smart legal eagles. [12] My suspicions about the Ocwen group not being transparent were confirmed. There are a lot of folks that don’t have very good things to say about this multi-national bank holding company and its book of business. [13]
Conclusion, Part 1 – Demons and Double Demons from Hell
Insider predatory lending and insider mortgage servicing fraud more or less go hand in hand. You can have one without the other played on you as a consumer, or you can have the double whammy of being double-teamed [Double Demons] in the con game. Big Government and Wall Street are also part of the game [con], since they create banking laws, which are overtly and clandestinely designed to be overly complex. Few folks understand money and banking and how our money is created by the Federal Reserve out of thin air. A small segment of the population as consumers are finding out the hard way about the banking cartel’s insider tricks in the insider predatory mortgage lending and servicing arena, however. It will probably take a complete collapse of the legal tender fiat paper funnie monie system, however, for folks to wake up and realize [smell the coffee] they were conned all the way from the fetus to the grave. Ocwen? I am still waiting for them to pay me for my professional services. Speaking of Hell, Hell will probably Freeze Over First! Stay tuned.
The Stars and Bars - Mississippi Delta Born and Raised!
Gale Bullock [Ole Bear Editor] – just another ornery Ole Confederate!Columbia, Missouri usa [united states in America]
Footnotes [some are repeated to smack the reader between the eyes]:
[1] The Federal Reserve System: A Fatal Parasite on the American Body Politic, Dr. Edwin Vieira, Jr. See Link.
[2] Bad Boys with the Pen and Money Market Fund Intermediation, counter-measures and risk analysis to vote with your money, or Colt .45 to the rescue?, Ole Bear MAI [aka, Gale Bullock]. See Link.
[3] The Trojan Horse? Fannie Mae as the National Soap Opera, co-authored by Rob Kirby and Gale Bullock. See Link.
[4] Recognizing Predatory Lenders, www.bankrate.com. See Link.
[5] Introduction to the Loan Servicing Scam, www.msfraud.org. See Link.
[6] See: Perfect Credit Score, Perfect Loan Fraud, Kenneth R. Harney, Washington Post. See: Mortgage Servicer Ocwen’s Practices Raise Ire, Jeff Ostrowski, Palm Beach Post Staff Writer
[7] Introduction, The Mafia, CIA and George Bush, Peter Brewton. See Link. See Also: Link.
[8] The BCCI Affair, www.mediawa.info. See Link. See Also: Financial Scandals, Linda Davies. See Link.
[9] Statement, Chris Swecker, Assistant Director, Criminal Investigation Division, FBI before the House Financial Services Subcommittee on Housing and Community Opportunity, October 7, 2004. [pdf version]. See Link for FBI html Internet version.See Also: Document Trove, HernanMedia.com, Patrick Hernan. See Link.See Also: HernanMedia.com, Real Estate and Fraud Blog. See Link.See Also: HernanMedia.com, Mortgage Fraud & Predatory Lending Clearinghouse. See Link.See Also: Perfect Credit Score, Perfect Loan Fraud, Kenneth R. Harney, Washington Post.
[10] Veterans Benefits Administration Circular 26-03-8, December 8, 2003. Html Link. Microsoft Word Doc Link. VA Website Version
[11] Kweku Hanson, Attorney, Class Action Lawsuit filed July 15, 2002 in US District Court, District of Connecticut, pages 1, 120-123 of the total 123 page legal brief, court case now move to the Chicago, Illinois District. Read pages 1, then skip to 120-123. Then read the middle when you have time.
[12] Lieff, Cabrasher, Heiman, & Bernstein, LLP’s Ocwen Federal Bank Consumer Protection Class Action Lawsuit filed in the California Alameda County Superior Court, October 2003.
[13] Ocwen Federal Bank keeps popping up everywhere I surf on the Internet!
See: http://www.msfraud.org/See: http://www.msfraud.org/artic2.htmlSee: http://www.msfraud.org/Articles/Ocwen.htmSee: http://www.poconorecord.com/topstory/tjd79196.htmSee: http://www.ocwenfederalsucks.org/100704cs.pdfSee: RipOffReport Link
Additional Links to Follow the Money Trail for this Essay Series:
Chris SandersWhere is the Collateral?So, Where is the Collateral?Dial “M” for MoneyFascinating and lucrative patriotism, the negative return economy:a discourse on America's Black Budget – Chris Sanders & Lady Catherine Austin Fitts
Lady Catherine Austin FittsMel, Where is the $59 Billion - Part 1Mel, Where is the $59 Billion - Part 2Mel, Where is the $59 Billion - Part 3An open letter to Condoleezza RiceWhere would Jesus bank?
The Myth of the Rule of Law or How the Money Works: The Destruction of Hamilton Securities
HUD Martinez Hotseat
Fannie Mae Sporkin Hotseat
Gale Bullock, MAI, SRPA, SRAThe Toy Boys of Fraud and as originally featured on ScoopNZRealty Reality on FSOThe Blacklisting of the Realty Valuation ProfessionalBad Boys with the Pen and Money Market Fund Intermediation
Blitzkrieg Series Essay #5 – Ponzi and Electricity
Rob Kirby and Gale BullockThe Trojan Horse? Fannie Mae as the National Soap OperaFalling on Your Royal Fannie: A Fist Full of Royal Bank of Scotland Fannie Facts
Larry S. LevyThe Fraud of Appraisal Regulation
Thomas G. Fryer, SRAAVMs – A Cause for Alarm, and Thus For Resistance [pdf]
The Bear CubMortgage Mayhem – An Insider’s View of “Blitzkrieg Lending” [pdf]
© 2004 Gale Bullock
Bank by Gale Bullock
November 7, 2004
It is about the manipulation of the property, it's about the financing fraud, and about manipulating the cash flow from occupants of the property – owners, who to Ocwen are merely the present "victims in residence" to be mined for their cash and then kicked out so that the "property" can be recycled for more of the same games – not the sale of the property, but rather the manipulation of it! The sale will cut short the game – so the game is endless by design. Simply stated: It's pure undiluted calculated fraud. Everybody in the game gets ripped except the principals.
– participant in Kweku Hanson’s Class Action Lawsuit against Ocwen Federal Bank
"Complacency is no reward!” – Chevalier Harry Schultz
Just when you think you have most of the mortgage fraud and appraisal fraud figgered out, have written essays on this stuff, have file dossiers on several appraisers in the Central Missouri Region, and you are just waiting to squeeze the triggerfinger to the Missouri Real Estate Appraisers Commission in Jefferson City, you stumble across another Demon in the Reality of Realty con game – another tentacle [and a very big network, Black Market Economy Mafioso Network] in the Financial Rape of the American Public on Main Street America – using real estate for wealth extraction to the Monied Interests on Wall Street.
It is bad enough being financially raped by the Federal Reserve and the likes of Bernanke, McTeer, and Greenspan stealing our wealth – that Fatal Parasite on the American Body Politic! [1] I thought money market fund intermediation was about as bad as it got with the free source Wall Street money to pump to the GSEs [2], and the likes of the Fannie Mae fudge in their derivatives portfolio[3], but these scams absolutely take the cake.
It wasn’t until I performed a foreclosure REO appraisal for Ocwen Realty Advisors, or ORA, that I realized this company was not transparent. Researching the bank holding company, I found that it was not transparent either. Then I met one of the plaintiffs in Kweku Hanson’s Connecticut Class Action suit against Ocwen. I started digging into the Mafioso World of insider predatory lending [4] and mortgage servicing fraud [5] – fast becoming a wealth transfer mechanism [6] much like the Savings and Loan Scam [7] and the BCCI Scam. [8] With all the rhetoric about a real estate bubble, much like the BCCI and Savings and Loan Scams, the real estate markets have already been imploding over the past 10 years in one of the most secretive wealth transfers to Wall Street one could ever imagine – in much the same hush hush as the great wealth transfer in the BCCI and S&L scandal, well outside the news media. Financial rape and wealth transfer to Wall Street’s banking cartel is happening right under or noses. [9]
Laying Down the Basics, Connecting the Dots for You!
What is mortgage servicing fraud? It is simple. It is jerking the mortgagee around on loan payments, insurance, escrow, false credit history reporting on the status of his mortgage payment history, and a myriad of other insider gimmicks, threats, and cognitive dissonance to force the property into foreclosure so the Fat Cat bank holding company can foreclose on the property, buying back the property for the note balance, or less at the actual foreclosure sale. The owner’s equity has already been sucked out of the property in the scam. But, there is the rub! Does the actual foreclosure sale end the game of profits for the insiders? Nope. The foreclosing lender’s liquidation of the property at disposition of the asset ends the con game! Where is the profit?
When the Fat Cat bank holding company sells the property and another lender is on the hook at a higher mortgage than what they foreclosed on, this ends the scam. This is over-simplified, of course, but any Jane and Joe Six-Pack on Main Street America can understand this simple explanation of the economic! Who’s the main target? You – if you have a good credit score, and a lot of equity in the property. If you have a 125% to 150% home-equity loan you should feel really safe. Huh! Usually the owner’s equity is in the 10% to 15% or greater range. When the equity gets below 10% that’s when the pressure builds. Where is the profit to the insiders? Think about it! The actual foreclosure re-sale by the lender ends the game. Profit is made on inside fees, kickbacks, bonuses, perks, and management fees managing the foreclosed property. The borrower’s equity is already sucked out by overcharges, fees, surcharges, late fees, and any other fee the mortgage servicer can come up with, as they intimidate the borrower into submission with high powered legal eagles and attorney-ease, and an extortion of cognitive dissonances – [do a Google.com search on cognitive dissonance!].
We note that Ocwen Realty Advisors [Ocwen Federal Bank] now has the VA contract to manage all VA foreclosure properties. [10] They are going to make a pot load of money, at the taxpayers’ expense with their lack of transparency.
If the rest of the tree falls, it WILL land on the garage…
The Big VA Contract, or Hands in the Taxpayers’ Pockets?
I used to do residential appraisals for both FHA and the VA, but in the game of credit scoring and playing to Wall Street, they both fouled their own nests going to electronic appraisals, demanding this and that, always changing the rules. FHA turned real estate appraisers into home inspectors, so I told them to take a hike. The VA became equally squirrelly, and not reliable as clients, so several years ago, I told the VA to go take a hike. VA used to handle their own foreclosures. I knew their old process. It wasn’t until a little over a year ago that I first heard the name Ocwen. I sometimes handle another Realtor’s shop when she’s out of town. She was working on submitting an offer on a VA foreclosure property and she had to fax something to Ocwen to keep the deal going. Everything had to go through Ocwen to buy the property. I thought that stranger than a monkey with a banana up its you know what.
Nah, this ain’t overgrown landscaping…Them there’s good ole Missouri Hip High Weeds, Ole Buddy!
I just recently appraised a VA foreclosure property for Ocwen Realty Advisors. I don’t send appraisals over the email as pdf files to anyone. The reason is simple. Electronic appraisals can be unlocked, manipulated, changed, digital signatures and appraisal seals stolen, and the comparable sales data that I pay for through MLS or collect on my own is stolen for someone’s big comp sale database, ripping me off – putting me out of business. If my digital credentials are stolen or reused, my identity is stolen, and I have been professionally raped. I am not the only hold out in the industry. ORA was sent a full hard copy of the report to West Palm Beach, Florida. They refused the hard copy report unless I sent it to them as a pdf file. About 25 days after they had received the hard copy of the report, they sent me an email canceling the report, telling me they refused to pay me. This is very transparently unethical business practice and manipulation of the realty valuation industry at the hands of the banking cartel.
Yeah, that there’s black mold [genus species unknown]and the basement’s full of water…
They also have taken ORA off-shore to Banglapore, India. Not only is there no transparency in the Florida version of ORA, there is no transparency between West Palm Beach and Banglapore! That’s another story, however. In preparing a letter to the company, while I was waiting for them to call me back about my fee, refusing to pay me, and canceling the order [Ha, Ha, Ha!], I started researching the total operation as the bank holding company. What I found was a lack of transparency in Ocwen Federal Bank, as well. This week I also checked with my out of town Realtor buddy on the VA foreclosure property I appraised. He had done a BPO [broker’s price opinion, hadn’t been paid yet, either!] on the property as well. Nothing has been done to the VA foreclosure property. It’s still sitting there with hip high weeds and a dead tree in the front yard. Good Lord, help the American Taxpayers!
Going to the Head of the Class Action Suit!
Gee Whiz, I love waxing my surfboard and hopping on a big one at Google! I nearly did a crash and burn when I found www.ocwenfederalsucks.org. This wave was so big, I lost my swimmin' trunks as I nose dived off the surfboard! What a Face Plant! Hopping another wave, I stumbled across Kweku Hanson, a Connecticut Yankee and the Mother Bear of classic action suitwise. [11] Since surfing is not that much of a daunting task at all [Sorry, Big Al, Gotcha on that one!], I hopped out to California on another big wave, and dang it, I fell off my nicely waxed surfboard again with this classic action by some other smart legal eagles. [12] My suspicions about the Ocwen group not being transparent were confirmed. There are a lot of folks that don’t have very good things to say about this multi-national bank holding company and its book of business. [13]
Conclusion, Part 1 – Demons and Double Demons from Hell
Insider predatory lending and insider mortgage servicing fraud more or less go hand in hand. You can have one without the other played on you as a consumer, or you can have the double whammy of being double-teamed [Double Demons] in the con game. Big Government and Wall Street are also part of the game [con], since they create banking laws, which are overtly and clandestinely designed to be overly complex. Few folks understand money and banking and how our money is created by the Federal Reserve out of thin air. A small segment of the population as consumers are finding out the hard way about the banking cartel’s insider tricks in the insider predatory mortgage lending and servicing arena, however. It will probably take a complete collapse of the legal tender fiat paper funnie monie system, however, for folks to wake up and realize [smell the coffee] they were conned all the way from the fetus to the grave. Ocwen? I am still waiting for them to pay me for my professional services. Speaking of Hell, Hell will probably Freeze Over First! Stay tuned.
The Stars and Bars - Mississippi Delta Born and Raised!
Gale Bullock [Ole Bear Editor] – just another ornery Ole Confederate!Columbia, Missouri usa [united states in America]
Footnotes [some are repeated to smack the reader between the eyes]:
[1] The Federal Reserve System: A Fatal Parasite on the American Body Politic, Dr. Edwin Vieira, Jr. See Link.
[2] Bad Boys with the Pen and Money Market Fund Intermediation, counter-measures and risk analysis to vote with your money, or Colt .45 to the rescue?, Ole Bear MAI [aka, Gale Bullock]. See Link.
[3] The Trojan Horse? Fannie Mae as the National Soap Opera, co-authored by Rob Kirby and Gale Bullock. See Link.
[4] Recognizing Predatory Lenders, www.bankrate.com. See Link.
[5] Introduction to the Loan Servicing Scam, www.msfraud.org. See Link.
[6] See: Perfect Credit Score, Perfect Loan Fraud, Kenneth R. Harney, Washington Post. See: Mortgage Servicer Ocwen’s Practices Raise Ire, Jeff Ostrowski, Palm Beach Post Staff Writer
[7] Introduction, The Mafia, CIA and George Bush, Peter Brewton. See Link. See Also: Link.
[8] The BCCI Affair, www.mediawa.info. See Link. See Also: Financial Scandals, Linda Davies. See Link.
[9] Statement, Chris Swecker, Assistant Director, Criminal Investigation Division, FBI before the House Financial Services Subcommittee on Housing and Community Opportunity, October 7, 2004. [pdf version]. See Link for FBI html Internet version.See Also: Document Trove, HernanMedia.com, Patrick Hernan. See Link.See Also: HernanMedia.com, Real Estate and Fraud Blog. See Link.See Also: HernanMedia.com, Mortgage Fraud & Predatory Lending Clearinghouse. See Link.See Also: Perfect Credit Score, Perfect Loan Fraud, Kenneth R. Harney, Washington Post.
[10] Veterans Benefits Administration Circular 26-03-8, December 8, 2003. Html Link. Microsoft Word Doc Link. VA Website Version
[11] Kweku Hanson, Attorney, Class Action Lawsuit filed July 15, 2002 in US District Court, District of Connecticut, pages 1, 120-123 of the total 123 page legal brief, court case now move to the Chicago, Illinois District. Read pages 1, then skip to 120-123. Then read the middle when you have time.
[12] Lieff, Cabrasher, Heiman, & Bernstein, LLP’s Ocwen Federal Bank Consumer Protection Class Action Lawsuit filed in the California Alameda County Superior Court, October 2003.
[13] Ocwen Federal Bank keeps popping up everywhere I surf on the Internet!
See: http://www.msfraud.org/See: http://www.msfraud.org/artic2.htmlSee: http://www.msfraud.org/Articles/Ocwen.htmSee: http://www.poconorecord.com/topstory/tjd79196.htmSee: http://www.ocwenfederalsucks.org/100704cs.pdfSee: RipOffReport Link
Additional Links to Follow the Money Trail for this Essay Series:
Chris SandersWhere is the Collateral?So, Where is the Collateral?Dial “M” for MoneyFascinating and lucrative patriotism, the negative return economy:a discourse on America's Black Budget – Chris Sanders & Lady Catherine Austin Fitts
Lady Catherine Austin FittsMel, Where is the $59 Billion - Part 1Mel, Where is the $59 Billion - Part 2Mel, Where is the $59 Billion - Part 3An open letter to Condoleezza RiceWhere would Jesus bank?
The Myth of the Rule of Law or How the Money Works: The Destruction of Hamilton Securities
HUD Martinez Hotseat
Fannie Mae Sporkin Hotseat
Gale Bullock, MAI, SRPA, SRAThe Toy Boys of Fraud and as originally featured on ScoopNZRealty Reality on FSOThe Blacklisting of the Realty Valuation ProfessionalBad Boys with the Pen and Money Market Fund Intermediation
Blitzkrieg Series Essay #5 – Ponzi and Electricity
Rob Kirby and Gale BullockThe Trojan Horse? Fannie Mae as the National Soap OperaFalling on Your Royal Fannie: A Fist Full of Royal Bank of Scotland Fannie Facts
Larry S. LevyThe Fraud of Appraisal Regulation
Thomas G. Fryer, SRAAVMs – A Cause for Alarm, and Thus For Resistance [pdf]
The Bear CubMortgage Mayhem – An Insider’s View of “Blitzkrieg Lending” [pdf]
© 2004 Gale Bullock
I need a loss mitigation contact person and phone number for Ocwen financial corporation?
from: http://answers.yahoo.com/question/index;_ylt=Am04AbepFHAxGBc3fAAdfokjzKIX;_ylv=3?qid=1006060211883
Ocwen Financial Corporation1
661 Worthington Rd., Suite 100West Palm Beach, Florida 33409
Phone: 877-226-2936
For serving Ocwen with legal process, please send to their registered agent:Corporation Service Company2711 Centerville Road, Suite 400Wilmington, DE 19808Phone: 561-682-8000, x8386
Ocwen Financial Corporation1
661 Worthington Rd., Suite 100West Palm Beach, Florida 33409
Phone: 877-226-2936
For serving Ocwen with legal process, please send to their registered agent:Corporation Service Company2711 Centerville Road, Suite 400Wilmington, DE 19808Phone: 561-682-8000, x8386
Monday, December 10, 2007
OCWEN opinion - FINANCE-Mortgage
From: http://www.pissedconsumer.com/consumer-reviews/mortgage/ocwen-opinion-%11-finance%11mortgage-2007071078224.html
07-10-2007
We just bought our house in September and already I feel like I am in a nightmare. My mortgage was sold to Ocwen December of last year. I pre-paid the last month before it was sold because of tax reasons, so my first payment wasn't due until February 2006. I sent my payments out as usual and My 1st mortgage (which is with Chase) cashed thier check on the 11th of February. I waited couple of days and decided to call Ocwen to find out what the hold up was. Before I got that chance we recieved a welcome to the company call and was told that they saw the payment we had made and were processing the payment. So I waited another week. No payment posted to my account. Before I could call to find out we recieved another phone call from Ocwen. This time asking when were we going to make a payment. I asked them what abouth the payment you processed? They claimed there was no such payment. I then said well I would be more than happy to pay now but I would have to cancell the check I already sent to them via USPS. They then stated that they would charge me if they recieved the check and it had a stopped payment fee. So I said tht I would wait some more and see if it turned up. Needless to say I recieved another phone call on the 2nd of March saying that we were behind and that if we didn't make a payment that they would report us to the credit bureau. So I explained as I had before that I would have to stop payment on the check before I could agree to make a payment and that I would make both payments now if they agreed to not process the check. The person agreed and I made a payment the very same evening. The following morning I checked my accont and the check not only was cashed but cleared my acount! I called my bank and was told there was nothing they could do that the funds had to be returned by the merchant. So I the called Ocwen and told them I wanted my money back now. I don't know who can afford to make 3 mortgage payments but I wasn't it. The very next business day they credited the funds electronically back to my account. You would think everything would be fine, but nooooo....This was only the beginning. A week later, maybe less, I get another phone call telling me that we still owe them money. They claimed that our bank had stopped payment on the check and the double payment we made on speedpay was used to cover the payment we missed because of the stopped payment. And that they sent me the money back before the bank stopped payment.????????????????????????????????I had a cancelled check from their bank(thank somebody for online banking) and confirmation from my bank stating that there was no stopped check and this went on and on and on for weeks and weeks. I have spent several hours and spoken to several people who claim to help and don't. I have a whole file of names, dates, times, emails, confirmation numbers, phone records, letters. I am truley fed up so I googled Ocwen lawsuits and really got paranoid and asked if I could refinance before they decide to take my house too. So thats what I am doing. I am tired of dealing with them and frankly give up. The last statement I recieved said I was 2 months behind.Even though I speak to a person and they say I am all caught up. I can't trust that this is true because it is now June. They say they are doing something but I am afraid to loose my house, I mean I just got it. They are horible and I just want my life back!QuashinnaHopatcong, New JerseyU.S.A.
07-10-2007
We just bought our house in September and already I feel like I am in a nightmare. My mortgage was sold to Ocwen December of last year. I pre-paid the last month before it was sold because of tax reasons, so my first payment wasn't due until February 2006. I sent my payments out as usual and My 1st mortgage (which is with Chase) cashed thier check on the 11th of February. I waited couple of days and decided to call Ocwen to find out what the hold up was. Before I got that chance we recieved a welcome to the company call and was told that they saw the payment we had made and were processing the payment. So I waited another week. No payment posted to my account. Before I could call to find out we recieved another phone call from Ocwen. This time asking when were we going to make a payment. I asked them what abouth the payment you processed? They claimed there was no such payment. I then said well I would be more than happy to pay now but I would have to cancell the check I already sent to them via USPS. They then stated that they would charge me if they recieved the check and it had a stopped payment fee. So I said tht I would wait some more and see if it turned up. Needless to say I recieved another phone call on the 2nd of March saying that we were behind and that if we didn't make a payment that they would report us to the credit bureau. So I explained as I had before that I would have to stop payment on the check before I could agree to make a payment and that I would make both payments now if they agreed to not process the check. The person agreed and I made a payment the very same evening. The following morning I checked my accont and the check not only was cashed but cleared my acount! I called my bank and was told there was nothing they could do that the funds had to be returned by the merchant. So I the called Ocwen and told them I wanted my money back now. I don't know who can afford to make 3 mortgage payments but I wasn't it. The very next business day they credited the funds electronically back to my account. You would think everything would be fine, but nooooo....This was only the beginning. A week later, maybe less, I get another phone call telling me that we still owe them money. They claimed that our bank had stopped payment on the check and the double payment we made on speedpay was used to cover the payment we missed because of the stopped payment. And that they sent me the money back before the bank stopped payment.????????????????????????????????I had a cancelled check from their bank(thank somebody for online banking) and confirmation from my bank stating that there was no stopped check and this went on and on and on for weeks and weeks. I have spent several hours and spoken to several people who claim to help and don't. I have a whole file of names, dates, times, emails, confirmation numbers, phone records, letters. I am truley fed up so I googled Ocwen lawsuits and really got paranoid and asked if I could refinance before they decide to take my house too. So thats what I am doing. I am tired of dealing with them and frankly give up. The last statement I recieved said I was 2 months behind.Even though I speak to a person and they say I am all caught up. I can't trust that this is true because it is now June. They say they are doing something but I am afraid to loose my house, I mean I just got it. They are horible and I just want my life back!QuashinnaHopatcong, New JerseyU.S.A.
Subscribe to:
Posts (Atom)