- Report: #39499
Report - Rebuttal - Arbitrate
Complaint Review: Ocwen Federal
Ocwen Federalwww.ocwenfederal.com Nationwide U.S.A.
Ocwen Federal ripoff, breech of an FHA contract thru HUD fraudulent ripoff business New Jersey and Flordia Nationwide
*Consumer Comment: Just a reminder for those who have forgotten.
*Author of original report: Fairbanks Capitol
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
Well, Ocwen followed thru with the origional agreement I entered into with HUD..at the end of that agreement which was 9/99 Ocwen took all monthly balances during that 3 year period which was supposed to be tacked onto the back of the loan and it was not supposed to increase or decrease during that period acording to my HUD counceler and added them together and started acruing interest daily since that time and turned my loan into a new loan called the assignment program....
I have since had to file 2 chapter 13 bankruptsies and finally roll it over to a 7 in order to keep my home...I've been here 14 years and now am facing forclosure for the 10th time....my payoff is only 58,000. and they say I owe 96,000. payoff....
Oh, they sold my loan while under bankruptcy to Fairbanks Capital Corp. and didn't notify them of a thing.....Not to mention forced insurance of about 900.00 per year when I have a fire hydrant off thew back of my property and live less than 5 miles from the fire station...along with attorney fees....I can't even get the property refinanced or 2nd mortage or home repair loan....
because of the hurendious bad credit I now have from filing the ch. 7 to save my home..
Thomasville, North Carolina
This report was posted on Ripoff Report on 12/30/2002 10:56 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ocwen-Federal/nationwide/Ocwen-Federal-ripoff-breech-of-an-FHA-contract-thru-HUD-fraudulent-ripoff-business-New-Je-39499. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.