Hi ppl......my names' Rick....an ex-employee of OCWEN India.......well i worked with ocwen for a lon time...abt 2 years........thats when i came to know abt the scams that were runnin within the organization.....i tried.....(in my meagre capacity) to let my voice be heard ad stop the fraudulent over-charging of innocent borrowers.......i even took it to one of the board meetings.....but what i got out of that is i lost my job....fired on grounds of IMMORALITY......and was left with word in the industry ensuring that i got no other jobs.....Regardless....i know and have insider info on ocwens practices and frauds....please let me know how i can help.....BRING DOWN THE 'BAD FOX.......'
RickyOrlando, FloridaU.S.A.
from: http://www.ripoffreport.com/reports/0/124/RipOff0124335.htm
Showing posts with label rip off artist. Show all posts
Showing posts with label rip off artist. Show all posts
Sunday, August 3, 2008
Monday, April 28, 2008
OCWEN WHY DO THEY CONSTANT WANT TO RIP PEOPLE OFF? CAROL STREAM Illinois
From: http://www.ripoffreport.com/reports/0/329/RipOff0329339.htm
Why do they constant rip off people? They send letters and make telephone calls. When you submitted the payments, they are sending or calling saying you owe more money.They are my worst nightmare and I'm trying to resolved it and can barely understand what is coming out of their mouth, and have of them don't know nothing.It's bad enough your on hold for ever and then they put you back on hold or disconnect you from the line.Is, anybody else going through this in Texas?, i readed on other states.
Mz.fedupforreal SAN ANTONIO, TexasU.S.A.
Why do they constant rip off people? They send letters and make telephone calls. When you submitted the payments, they are sending or calling saying you owe more money.They are my worst nightmare and I'm trying to resolved it and can barely understand what is coming out of their mouth, and have of them don't know nothing.It's bad enough your on hold for ever and then they put you back on hold or disconnect you from the line.Is, anybody else going through this in Texas?, i readed on other states.
Mz.fedupforreal SAN ANTONIO, TexasU.S.A.
Monday, April 14, 2008
Ocwen Federal Bank FSB OCWEN CLASS ACTION LAWSUIT FILED! Ocwen Bank Ripoff racketeering, breach of contract, unfair debt collection practices, overcha
Ocwen Federal Bank FSB OCWEN CLASS ACTION LAWSUIT FILED! Ocwen Bank Ripoff racketeering, breach of contract, unfair debt collection practices, overcharging borrowers bogus service, Orlando Florida, Nationwide *UPDATE ..judicial misconduct?
*Consumer Comment ..Norgle sleeps in the Northern District of IL. Hanson-lead plaintiff- is in prison. Take your cases back
From: http://www.ripoffreport.com/reports/0/024/RipOff0024145.htm
February 4th court hearing... read UPDATE below!CONNECTICUT LAWSUIT UPDATE: ..ANYONE WHO WANTS TO BE HEARD IN COURT BY JUDGE DRONEY IN HARTFORD CONNECTICUT FOR THE PRELIMINARY INJUNCTION HEARING, READ UPDATE BELOW Breaking News Update: 'Plaintiffs in the Hanson v. Ocwen case file papers to disqualify the judge, because (according to the papers publicaly filed in the federal court clerk's office) it turns out that the judge used to work for the law firm representing Moss Codilis, which constitutes 16 of the 20 defendants in the class action lawsuit.' No indication when the Judge will consider the motion, or if he will feel obligated to pass the motion on to another judge to decide. It will slow our case down briefly, but thereafter, whether the judge is forced to step aside or continues handling the case, the case will move forward quickly, as we have meticulously shown why there is no justification for the case to sit still as long as it has.'For several months, Rip-offReport.com has been trying to locate lawyers to take on Ocwen Bank. Ocwen bank has retaliated by a series of dirty tricks which include, but are not limited to, filing bogus Rip-off Reports by attorneys or Ocwen employees pretending to be gathering names for a class action suit, when really they were trying to find out who the victims were on the RipOff Report. (no information was ever revealed) They also filed several false claims by individuals posing as victims, who said they had a lawyer in order to collect names off the Rip-off Report. Rip-off Report has finally located the attorneys pursuing a class action lawsuit against Ocwen, and Rip-off Report carefully verified their credentials.ALERT--- 'Ocwen Federal Bank has been sued for millions of dollars in a Connecticut federal court for racketeering, breach of contract, unfair debt collection practices, overcharging borrowers bogus service and late and escrow fees, harassment, and mail fraud. The lawsuit is Hanson v. Ocwen, a class-action complaint filed in the Federal District Court in Connecticut [Docket #3:02CV960]. The lawsuit seeks punitive damages in the amount of $1.5 BILLION. To all the many victims of OCWEN Federal Bank, Listen up! The lawsuit seeks to become a class action, which would then involve all of you who have been complaining day and night about the mistreatment suffered for months or years at OCWEN's hands. There have always been power in numbers, and the class action lawsuit is now hitting back at OCWEN on behalf of all the honest homeowners that it has trampled on for some time now. If you would like to be included in the class action lawsuit, keep reading.TOGETHER, WE CAN MAKE A DIFFERENCE AND STOP THE BIG, BAD WOLF FROM BLOWING YOUR HOMES DOWN, ONE BY ONE.HOW TO HELP OUT:Submit a notarized sworn statement (or Affidavit) summarizing your experience (much like many of you have already done here at RipoffReport.com, but pay attention to spelling and grammar, please, as this may go into the court record for all to see for ever). Rush your Affidavit to the following person:Kweku Hanson487 Main Street, Suite TwoHartford, CT 06103-3007email: leagltek@mindspring.comemail:leagltek@mindspring.com'YOU SHOULD ALSO FILE A RIP-OFF REPORT: Filing a Rip-off Report is also important and should be your first step. Your report will be looked at by other consumers interested with your situation and may relate to and benefit by the rip-off you experienced. The more Rip-off Reports on Ocwen, the more educated other consumers will become, when dealing with Ocwen. This will also help create a better working history on OCWEN and give us the information needed to contact you regarding the disposition of the lawsuit.'ALSO....In addition to all the hundreds of complaints we have received on Ocwen Bank in the form of Rip-off Reports, we also receive hundreds of e-mails every week asking for our help.We have contacted Ocwen on many occasions to arrange a wholesale settlement and they have promised us numerous times that they would settle but they have reneged. They have also had their attorneys threaten us.Having said that, Ocwen Bank has also tried to post to each and every complaint with the following bogus and useless message:-----------------------'If you have a concern regarding the servicing of your loan, E-mail Address: Customerrelations@ocwen.comToll Free Phone #: 1-800-804-5561 Mailing Address: Ocwen Federal Bank FSB, Attention: Research Department, 12650 Ingenuity Drive, Orlando, FL 32826We strive to provide each of our customers with the utmost in customer care and professionalism and are eager to address any issue or concern that you feel has not been appropriately addressed.'---------------------At Rip-off Report, it is our opinion and the opinion of other victims that, Ocwen has no intention of resolving these matters. Victims identify no answer on that phone line for several minutes and in some cases almost an hour. Additionally, other victims post that they have received no response to their correspondence even after Rip-off Report posted their comments. We have notified Ocwen that we cannot and as a matter of policy, will not post these bogus memos at great expense to our time and resources that are only a ruse and an additional run-around to the victims that come to the Rip-off Report.Click here to read other Rip Off Reports on OCWEN Federal Bank Financial ServicesED Magedson - EDitor-in-ChiefEDitor@ripoffreport.combadbusinessbureau.comwww.ripoffreport.com We are not lawyers.We are not a collection agency.We are Consumer Advocates....the victims' advocateWE are Civil and Human Rights ActivistsWe are a Nationwide Consumer Reporting News Agency...by consumers, for consumersDONATIONS may be sent to andUSA Victims and Volunteers respond to:PO Box 310, Tempe, Arizona 85280FAX: 425-799-9729Remember.Don't let them get away with it!Make sure they make the Rip-off Report.Click here to read other Rip Off Reports on OCWEN Federal Bank Financial Services
*Consumer Comment ..Norgle sleeps in the Northern District of IL. Hanson-lead plaintiff- is in prison. Take your cases back
From: http://www.ripoffreport.com/reports/0/024/RipOff0024145.htm
February 4th court hearing... read UPDATE below!CONNECTICUT LAWSUIT UPDATE: ..ANYONE WHO WANTS TO BE HEARD IN COURT BY JUDGE DRONEY IN HARTFORD CONNECTICUT FOR THE PRELIMINARY INJUNCTION HEARING, READ UPDATE BELOW Breaking News Update: 'Plaintiffs in the Hanson v. Ocwen case file papers to disqualify the judge, because (according to the papers publicaly filed in the federal court clerk's office) it turns out that the judge used to work for the law firm representing Moss Codilis, which constitutes 16 of the 20 defendants in the class action lawsuit.' No indication when the Judge will consider the motion, or if he will feel obligated to pass the motion on to another judge to decide. It will slow our case down briefly, but thereafter, whether the judge is forced to step aside or continues handling the case, the case will move forward quickly, as we have meticulously shown why there is no justification for the case to sit still as long as it has.'For several months, Rip-offReport.com has been trying to locate lawyers to take on Ocwen Bank. Ocwen bank has retaliated by a series of dirty tricks which include, but are not limited to, filing bogus Rip-off Reports by attorneys or Ocwen employees pretending to be gathering names for a class action suit, when really they were trying to find out who the victims were on the RipOff Report. (no information was ever revealed) They also filed several false claims by individuals posing as victims, who said they had a lawyer in order to collect names off the Rip-off Report. Rip-off Report has finally located the attorneys pursuing a class action lawsuit against Ocwen, and Rip-off Report carefully verified their credentials.ALERT--- 'Ocwen Federal Bank has been sued for millions of dollars in a Connecticut federal court for racketeering, breach of contract, unfair debt collection practices, overcharging borrowers bogus service and late and escrow fees, harassment, and mail fraud. The lawsuit is Hanson v. Ocwen, a class-action complaint filed in the Federal District Court in Connecticut [Docket #3:02CV960]. The lawsuit seeks punitive damages in the amount of $1.5 BILLION. To all the many victims of OCWEN Federal Bank, Listen up! The lawsuit seeks to become a class action, which would then involve all of you who have been complaining day and night about the mistreatment suffered for months or years at OCWEN's hands. There have always been power in numbers, and the class action lawsuit is now hitting back at OCWEN on behalf of all the honest homeowners that it has trampled on for some time now. If you would like to be included in the class action lawsuit, keep reading.TOGETHER, WE CAN MAKE A DIFFERENCE AND STOP THE BIG, BAD WOLF FROM BLOWING YOUR HOMES DOWN, ONE BY ONE.HOW TO HELP OUT:Submit a notarized sworn statement (or Affidavit) summarizing your experience (much like many of you have already done here at RipoffReport.com, but pay attention to spelling and grammar, please, as this may go into the court record for all to see for ever). Rush your Affidavit to the following person:Kweku Hanson487 Main Street, Suite TwoHartford, CT 06103-3007email: leagltek@mindspring.comemail:leagltek@mindspring.com'YOU SHOULD ALSO FILE A RIP-OFF REPORT: Filing a Rip-off Report is also important and should be your first step. Your report will be looked at by other consumers interested with your situation and may relate to and benefit by the rip-off you experienced. The more Rip-off Reports on Ocwen, the more educated other consumers will become, when dealing with Ocwen. This will also help create a better working history on OCWEN and give us the information needed to contact you regarding the disposition of the lawsuit.'ALSO....In addition to all the hundreds of complaints we have received on Ocwen Bank in the form of Rip-off Reports, we also receive hundreds of e-mails every week asking for our help.We have contacted Ocwen on many occasions to arrange a wholesale settlement and they have promised us numerous times that they would settle but they have reneged. They have also had their attorneys threaten us.Having said that, Ocwen Bank has also tried to post to each and every complaint with the following bogus and useless message:-----------------------'If you have a concern regarding the servicing of your loan, E-mail Address: Customerrelations@ocwen.comToll Free Phone #: 1-800-804-5561 Mailing Address: Ocwen Federal Bank FSB, Attention: Research Department, 12650 Ingenuity Drive, Orlando, FL 32826We strive to provide each of our customers with the utmost in customer care and professionalism and are eager to address any issue or concern that you feel has not been appropriately addressed.'---------------------At Rip-off Report, it is our opinion and the opinion of other victims that, Ocwen has no intention of resolving these matters. Victims identify no answer on that phone line for several minutes and in some cases almost an hour. Additionally, other victims post that they have received no response to their correspondence even after Rip-off Report posted their comments. We have notified Ocwen that we cannot and as a matter of policy, will not post these bogus memos at great expense to our time and resources that are only a ruse and an additional run-around to the victims that come to the Rip-off Report.Click here to read other Rip Off Reports on OCWEN Federal Bank Financial ServicesED Magedson - EDitor-in-ChiefEDitor@ripoffreport.combadbusinessbureau.comwww.ripoffreport.com We are not lawyers.We are not a collection agency.We are Consumer Advocates....the victims' advocateWE are Civil and Human Rights ActivistsWe are a Nationwide Consumer Reporting News Agency...by consumers, for consumersDONATIONS may be sent to andUSA Victims and Volunteers respond to:PO Box 310, Tempe, Arizona 85280FAX: 425-799-9729Remember.Don't let them get away with it!Make sure they make the Rip-off Report.Click here to read other Rip Off Reports on OCWEN Federal Bank Financial Services
Saturday, April 5, 2008
Ocwen Ripped us off from the day we were traded or sold to them Orlando Florida
From: http://www.ripoffreport.com/reports/0/322/RipOff0322436.htm
This company has from the very beginning ripped us off. We recieve fees and penalties when they are not due. We have interest charges that are so high, we could better afford a much bigger house with someone else. Our other complaints are that there is no way to even talk to anyone about our problems. Every time I call to talk to them they say I have yto send a written request to thier research department. Once I do a couple weeks later I get a letter saying all is well.The bigger kick in the pants is that shortly after I send the request I get another letter saying It is going up again!!! When I pay the total amounts due one month, the next month has several more charges. is there any help????
Thanks Larry Jerome, Missouri U.S.A.
This company has from the very beginning ripped us off. We recieve fees and penalties when they are not due. We have interest charges that are so high, we could better afford a much bigger house with someone else. Our other complaints are that there is no way to even talk to anyone about our problems. Every time I call to talk to them they say I have yto send a written request to thier research department. Once I do a couple weeks later I get a letter saying all is well.The bigger kick in the pants is that shortly after I send the request I get another letter saying It is going up again!!! When I pay the total amounts due one month, the next month has several more charges. is there any help????
Thanks Larry Jerome, Missouri U.S.A.
Tuesday, January 22, 2008
Ocwen help ocwen is ruthless Orlando Florida
From: http://www.ripoffreport.com/reports/0/301/RipOff0301624.htm
Started in march of 2007 payment we made was reported late when in fact ocwen posted to another acc. took ten calls and over 40 hours to reach them ocwen fixed it but still posted on our credit that the payment was late. In the months of November and December of '07 we were behind in our payments due to medical reasons this being our first time ever to be late. OCWEN sent a notice of default the 24th of December saying I had to pay the past due amount 1085.06 by January 17, 08 Dec 28, 07 received a letter stating a interest rate freeze if I sent 1110.58 by December 31, 07 which I did by overnight mail. I was all current as I thought when I received a letter January 7, 08 stating ocwen did not received in it there within a specified time frame but they cashed the check and posted it December 31, 07 OCWEN said they were going to send the signed agreement with the check back to me which they have not nor posted to the acc correctly. I was sent four different acct statements with different amounts to pay. I finally got though to them and Ocwen stated they receive nothing and told me that January payment would go to fees that we owed but would not tell me how much. There is much more to the story but I am now trying to work with our fair housing to get results.I would love to be involved in a class action lawsuitRecardotoledo, OhioU.S.A.
Started in march of 2007 payment we made was reported late when in fact ocwen posted to another acc. took ten calls and over 40 hours to reach them ocwen fixed it but still posted on our credit that the payment was late. In the months of November and December of '07 we were behind in our payments due to medical reasons this being our first time ever to be late. OCWEN sent a notice of default the 24th of December saying I had to pay the past due amount 1085.06 by January 17, 08 Dec 28, 07 received a letter stating a interest rate freeze if I sent 1110.58 by December 31, 07 which I did by overnight mail. I was all current as I thought when I received a letter January 7, 08 stating ocwen did not received in it there within a specified time frame but they cashed the check and posted it December 31, 07 OCWEN said they were going to send the signed agreement with the check back to me which they have not nor posted to the acc correctly. I was sent four different acct statements with different amounts to pay. I finally got though to them and Ocwen stated they receive nothing and told me that January payment would go to fees that we owed but would not tell me how much. There is much more to the story but I am now trying to work with our fair housing to get results.I would love to be involved in a class action lawsuitRecardotoledo, OhioU.S.A.
Sunday, January 13, 2008
OCWEN Mortgage Company Everytime I call I get another loan expert who advises me differently
OCWEN Mortgage Company Everytime I call I get another loan expert who advises me differently.I finally called and requested an appointment stating I would drive the10 hour required to try to resolve issues. Orlando Florida
*UPDATE *UPDATE ..Wrong ABA number for Ocwen. Called to get a correct one after the bank tried to process. FYI Ocwen's new name is ABA -not really
From: http://www.ripoffreport.com/reports/0/294/RipOff0294230.htm
My note was sold to OCWEN Mortgage Company. !) they allege I am not current in my payments. Finally I saw an attorney who got me a copy of my payment history. The bank called me and is getting copies of checks front and back. Hopefully I will have them next week. 2) I called and asked to meet personally one-on-one with them the end of November. they did not show me the courtesy of a call. This means I would have driven 10 hours to keep the appt. but I was willing in order to resolve the mess! 3) When one calls one gets an international who hardly speaks English making it impossible to communicate. 4) I am told by one loan specialist, we will give you a forbearance; how, much can you give us? Not what is rquired. 5) I speak to another loan specialist he states i can't afford a forbearance and there is no need. Just pay by the 14th of the month. when I ask for something in writing I can't get it. 5) The company who sold my contract to OWCEN failed to include taxes (escrow) in my note. One loan specialist tells me they will create an Escrow account. 6) speak to another specialist. He refused to do it because I am not current in my payments. 7) each time one speaks to the company there is another story; another twist - I don't believe them and don't trust themif they reposess my home, they will get $112,000.00 that I put down on it. That is what I call a 'steal' and that is what OCWEN is all about. Their voice mail is to the point of rediculous; they keep you on hold 45 minutes to one hours and then one gets not where with them. They are a terrible company and should be put out of business or investigaged by the proper authorities!What gets me is that they are getting away with it!The U.S. Government is investigating frudulaent, questionable conducts of mortgage companys and financers. Is there is anyone that I can be write to requesting an investigation of OCWEN and their bad possibly bad business practices, lack of knowledgeable personnel and 'their refusal to meet with me one on one' as I requested.In order to pay my taxes current and to bring the 'alleged' back payments up-to-day I am borrowin from my retirement, and You know what, OCWEN does not care.They should be put out of business and should definetely be investigated.I hope other OCWEN customers will add their name to the list - if enough do, something will have to be done.LoisWoodbridge, VirginiaU.S.A.
*UPDATE *UPDATE ..Wrong ABA number for Ocwen. Called to get a correct one after the bank tried to process. FYI Ocwen's new name is ABA -not really
From: http://www.ripoffreport.com/reports/0/294/RipOff0294230.htm
My note was sold to OCWEN Mortgage Company. !) they allege I am not current in my payments. Finally I saw an attorney who got me a copy of my payment history. The bank called me and is getting copies of checks front and back. Hopefully I will have them next week. 2) I called and asked to meet personally one-on-one with them the end of November. they did not show me the courtesy of a call. This means I would have driven 10 hours to keep the appt. but I was willing in order to resolve the mess! 3) When one calls one gets an international who hardly speaks English making it impossible to communicate. 4) I am told by one loan specialist, we will give you a forbearance; how, much can you give us? Not what is rquired. 5) I speak to another loan specialist he states i can't afford a forbearance and there is no need. Just pay by the 14th of the month. when I ask for something in writing I can't get it. 5) The company who sold my contract to OWCEN failed to include taxes (escrow) in my note. One loan specialist tells me they will create an Escrow account. 6) speak to another specialist. He refused to do it because I am not current in my payments. 7) each time one speaks to the company there is another story; another twist - I don't believe them and don't trust themif they reposess my home, they will get $112,000.00 that I put down on it. That is what I call a 'steal' and that is what OCWEN is all about. Their voice mail is to the point of rediculous; they keep you on hold 45 minutes to one hours and then one gets not where with them. They are a terrible company and should be put out of business or investigaged by the proper authorities!What gets me is that they are getting away with it!The U.S. Government is investigating frudulaent, questionable conducts of mortgage companys and financers. Is there is anyone that I can be write to requesting an investigation of OCWEN and their bad possibly bad business practices, lack of knowledgeable personnel and 'their refusal to meet with me one on one' as I requested.In order to pay my taxes current and to bring the 'alleged' back payments up-to-day I am borrowin from my retirement, and You know what, OCWEN does not care.They should be put out of business and should definetely be investigated.I hope other OCWEN customers will add their name to the list - if enough do, something will have to be done.LoisWoodbridge, VirginiaU.S.A.
Thursday, January 10, 2008
Ocwen Mortgage Service Deceived by Ocwen Orlando Florida
From:http://www.ripoffreport.com/reports/0/298/RipOff0298379.htm
My friend just lost her home because of lies from ocwen. My friend is 67 years old and lived in her home for 55 years. she had got a loan on her home to pay medical bills. one year later she was in a car wreck which was not her fault. my friend was still working and not retired. she was injured and could not work. well it took 5 months to get any kind of income coming in from disability and one year before the insurance company settled wit her about the wreck. in that period of time she fell behind on her home loan.
she explained to ocwen the problem in september that the insurance company would pay her in december.she was 2 month behind then.she was told that would be ok. but ocwen had already started to forclose on her property. she found this out after she was evicted from her home on december 28 the same day she received her money from the insurance company..she received a letter from the court that her home was going to be foreclosed on so she call ocwen they told her to ignore the letter that everything is ok, well that was a bold face lie. my friend would have went to court to explain her problem but ocwen deceived her and told her not to go.
this is a bad company and something needs to be done. i am trying to help her the best way i can.this was not a fancy home it was just a plain home and needed some repairs my friend has no family she has lost her husband and only son in the last 5 years.she is just a country woman that dont understand all those legal words. she needs help.
Thomas499kings mt, North CarolinaU.S.A.
My friend just lost her home because of lies from ocwen. My friend is 67 years old and lived in her home for 55 years. she had got a loan on her home to pay medical bills. one year later she was in a car wreck which was not her fault. my friend was still working and not retired. she was injured and could not work. well it took 5 months to get any kind of income coming in from disability and one year before the insurance company settled wit her about the wreck. in that period of time she fell behind on her home loan.
she explained to ocwen the problem in september that the insurance company would pay her in december.she was 2 month behind then.she was told that would be ok. but ocwen had already started to forclose on her property. she found this out after she was evicted from her home on december 28 the same day she received her money from the insurance company..she received a letter from the court that her home was going to be foreclosed on so she call ocwen they told her to ignore the letter that everything is ok, well that was a bold face lie. my friend would have went to court to explain her problem but ocwen deceived her and told her not to go.
this is a bad company and something needs to be done. i am trying to help her the best way i can.this was not a fancy home it was just a plain home and needed some repairs my friend has no family she has lost her husband and only son in the last 5 years.she is just a country woman that dont understand all those legal words. she needs help.
Thomas499kings mt, North CarolinaU.S.A.
Monday, January 7, 2008
Ocwen Loan Servicing Won't work with me to refi or lower my payments in any way - just keep on hammering that I owe this months payment
From: http://www.ripoffreport.com/reports/0/297/RipOff0297898.htm
Ocwen will not work with me to refi or lower my payments - they keep promising that they will send paperwork but never do and soon I will fall behind on my payments but they don;t seem to care if they have to foreclose or not - they just keep hammering that they need a payment now!They are rude and not willing to work with anyone. What can I do to at least have them listen to me and try to work out a payment plan so that I can keep my home?CharCrystal Lake, IllinoisU.S.A.
Ocwen will not work with me to refi or lower my payments - they keep promising that they will send paperwork but never do and soon I will fall behind on my payments but they don;t seem to care if they have to foreclose or not - they just keep hammering that they need a payment now!They are rude and not willing to work with anyone. What can I do to at least have them listen to me and try to work out a payment plan so that I can keep my home?CharCrystal Lake, IllinoisU.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.
Monday, December 10, 2007
Ocwen - These BASTARDS Have Screwed with the WRONG Schlamozzel!
From: http://www.epinions.com/content_108449861252
ProsAbsolutely without a question there are NONE!
ConsVisious, recalcitrant, monitarily disemboweling bunch of armpit fuzz!
The Bottom LineIf you are looking for a "fast track" to a HEART ATTACK deal with this financial institution. Otherwise, RUN FOR YOUR LIFE!
Full Review Hi there,
Schlamozzel here with another "SLUMLORD" nightmare to discuss. What happens when your mortgage gets "sold off" to another service company.
Ocwen Federal Bank
This financial institution is located in Florida. They are a subsidiary of a large financial services corporation, which I consider to be "The Borg" of finance.
My problems began literally the month this company took over servicing a loan I have on an investment property. They failed to properly depict the true and accurate amount of funds held in my escrow account. (This is an account that holds funds for distribution to cities / towns for property taxes, insurance etc.) Upon contacting them at 1 800 74OCWEN you are immediately placed into an automated calling cue where you MUST enter a lot of "numerical" personal information to continue. After doing this the wait is usually between 7 to 25 minutes before the call forwards to something that breaths. When you actually get to a "human being", you must repeat all the same personal information all over again.
Shortly after this occurred, I received a letter with a check in the mail, "We have done an escrow analysis. Based upon our findings, please find enclosed a check in the amount of $1,322.71. This money was overpaid by you."
I call Ocwen Federal Bank's "Marquise deSade" line at 1 800 74OCWEN again, "Why in hell are you sending this money to me? It should have gone to pay my property tax bill!"
"Oh we don't hold escrows for taxes on your account sir."
"Oh yes you do."
"Sir, WE DON'T hold escrows on your property taxes. This is your money, feel free to spend it as you wish."
"Look sweetheart, see on my account how much I'm paying every month?"
"Yes sir..."
"Good! now, if I'm REQUIRED my my loan instrument to pay that amount, and you DON'T hold escrows for taxes, and I HAVE BEEN paying this loan for 2 years, then my PRINCIPAL balance should be much lower, shouldn't it? Well since it isn't and you claim you don't hold escrows for taxes I'd likje you to twll me where the money is. Oh and by the way, since you don't hold escrow money for my tax bill, why does it say that I paid funds to establish the escrow account on the ORIGINAL LOAN DOCUMENTS I signed two years ago?"
"You don't have those documents sir."
(At that very moment, when such an idiotic remark was made I tore my shirt off of my body and could feel the veins in my forehead bounding out of my skin to resemble a topographical map of the Himilayas.)
"Give me your fax number."
"What do you mean..."
"Give me YOUR GODDAMNED FAX NUMBER NOW!
"Sir theres no need for you to speak to me in that manner and (blah blah blah) I don't see the need for you to fax anything..."
"I'm going to send you all the original loan documents you just said I don't have."
After 5 repeat calls the problem was resolved. Or so I thought...
5 months later I got another check with another letter...
This time I wind up going through 3 days of repeated calls to escrow department specialists, managers, supervisors and had to threaten legal action before resolution occurred.
Currently...
Schlamozzel has had enough. Schlamozzel has encountered a very difficult situation with this "bank" recently that has cost nearly $6,400.00 to resolve. Yes, it was Schlamozzel's error that caused the problem. But the problem was resolved according to all the papers from Ocwen Federal Bank's attorneys and Schlamozzel's attorneys.
Schlamozzel received a letter from Ocwen Federal Bank 5 days ago informing him that he owes this "bank" almost $2,600.00. This time Schlamozzel's attorney is bringing the matter to the Massachusetts Commissioner of Banks and Office of the Attorney General.
I will update as soon as more information is available.
Cheers,
Schlamozzel
ProsAbsolutely without a question there are NONE!
ConsVisious, recalcitrant, monitarily disemboweling bunch of armpit fuzz!
The Bottom LineIf you are looking for a "fast track" to a HEART ATTACK deal with this financial institution. Otherwise, RUN FOR YOUR LIFE!
Full Review Hi there,
Schlamozzel here with another "SLUMLORD" nightmare to discuss. What happens when your mortgage gets "sold off" to another service company.
Ocwen Federal Bank
This financial institution is located in Florida. They are a subsidiary of a large financial services corporation, which I consider to be "The Borg" of finance.
My problems began literally the month this company took over servicing a loan I have on an investment property. They failed to properly depict the true and accurate amount of funds held in my escrow account. (This is an account that holds funds for distribution to cities / towns for property taxes, insurance etc.) Upon contacting them at 1 800 74OCWEN you are immediately placed into an automated calling cue where you MUST enter a lot of "numerical" personal information to continue. After doing this the wait is usually between 7 to 25 minutes before the call forwards to something that breaths. When you actually get to a "human being", you must repeat all the same personal information all over again.
Shortly after this occurred, I received a letter with a check in the mail, "We have done an escrow analysis. Based upon our findings, please find enclosed a check in the amount of $1,322.71. This money was overpaid by you."
I call Ocwen Federal Bank's "Marquise deSade" line at 1 800 74OCWEN again, "Why in hell are you sending this money to me? It should have gone to pay my property tax bill!"
"Oh we don't hold escrows for taxes on your account sir."
"Oh yes you do."
"Sir, WE DON'T hold escrows on your property taxes. This is your money, feel free to spend it as you wish."
"Look sweetheart, see on my account how much I'm paying every month?"
"Yes sir..."
"Good! now, if I'm REQUIRED my my loan instrument to pay that amount, and you DON'T hold escrows for taxes, and I HAVE BEEN paying this loan for 2 years, then my PRINCIPAL balance should be much lower, shouldn't it? Well since it isn't and you claim you don't hold escrows for taxes I'd likje you to twll me where the money is. Oh and by the way, since you don't hold escrow money for my tax bill, why does it say that I paid funds to establish the escrow account on the ORIGINAL LOAN DOCUMENTS I signed two years ago?"
"You don't have those documents sir."
(At that very moment, when such an idiotic remark was made I tore my shirt off of my body and could feel the veins in my forehead bounding out of my skin to resemble a topographical map of the Himilayas.)
"Give me your fax number."
"What do you mean..."
"Give me YOUR GODDAMNED FAX NUMBER NOW!
"Sir theres no need for you to speak to me in that manner and (blah blah blah) I don't see the need for you to fax anything..."
"I'm going to send you all the original loan documents you just said I don't have."
After 5 repeat calls the problem was resolved. Or so I thought...
5 months later I got another check with another letter...
This time I wind up going through 3 days of repeated calls to escrow department specialists, managers, supervisors and had to threaten legal action before resolution occurred.
Currently...
Schlamozzel has had enough. Schlamozzel has encountered a very difficult situation with this "bank" recently that has cost nearly $6,400.00 to resolve. Yes, it was Schlamozzel's error that caused the problem. But the problem was resolved according to all the papers from Ocwen Federal Bank's attorneys and Schlamozzel's attorneys.
Schlamozzel received a letter from Ocwen Federal Bank 5 days ago informing him that he owes this "bank" almost $2,600.00. This time Schlamozzel's attorney is bringing the matter to the Massachusetts Commissioner of Banks and Office of the Attorney General.
I will update as soon as more information is available.
Cheers,
Schlamozzel
Sunday, December 9, 2007
Ocwen, Leaves another victum West Palm Beach Florida
Ocwen
Phone: Fax:
ocwen.comWest Palm Beach, Florida, U.S.A.
Submitted: 12/4/2007 7:05:42 PMModified: 12/4/2007 7:06:00 PM
Biglizard38clintonville, Wisconsin
I too was burnt by ocwen I am disabled and got behind when My disability was messed up with social security to make a long story short ocwen offered to redo the load and sent in their own apraiser who apraised it for half the original apraisal.I was then contacted by ocwen and told they refuse to redo the loan and either to pay up or get out I had no choice but to get outI had no one to turn to for help and am discusted with ocwens treatment of customers
Biglizard38
clintonville, WisconsinU.S.A.
Phone: Fax:
ocwen.comWest Palm Beach, Florida, U.S.A.
Submitted: 12/4/2007 7:05:42 PMModified: 12/4/2007 7:06:00 PM
Biglizard38clintonville, Wisconsin
I too was burnt by ocwen I am disabled and got behind when My disability was messed up with social security to make a long story short ocwen offered to redo the load and sent in their own apraiser who apraised it for half the original apraisal.I was then contacted by ocwen and told they refuse to redo the loan and either to pay up or get out I had no choice but to get outI had no one to turn to for help and am discusted with ocwens treatment of customers
Biglizard38
clintonville, WisconsinU.S.A.
Friday, December 7, 2007
Owen- Single Mom Loses Out...
Our family believed my mother was getting ready to pay off her house. After 29 years, we believed it was almost time. We learned it was not time. According to OCWEN, we owe tens of thousands more. My mother's 30 year loan has been extended to 45 years somehow. Her health is not well right now and she sees no end in sight to this nightmare. Hopefully it will all work out and and we can get our mom out of this mess.
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