Ocwen Federal Bank was assigned my martgage after a forberance program agreement with HUD in 1997. They send us a letter stating that we were going to be on the program for one year to continued paying $668.31 a month at fix rate of 6%. In 2000 they went up to $866.00. Since my property is a town house condo I was also paying $146.00 in condo fees and sending Ocwen $308.31 for the escrow account also, the entire mortgage payment was $ 1166.44 which it was more than what I was paying before the forbearance program.
In 2001 I was behind on my condo payments because I lost my job and my wife was the only one working and paying all the bills. The condo association send me a letter advising me that they were going to take me to court because I was behind $900.00 in condo fees, they also a letter to Ocwen and after the condo association forclosure on me Ocwen used my escrow account to pay the association and charge me the $2,800.00 which I put back into my escrow accounts and without knowing I continued paying my mortgage.
In February 2008 I run into another problem and I left my job to care for my 26 year son who was dieing, I fell behind 2 payment and I requested a loan modification from Ocwen annd they agreed to let me pay them $1540.00 to start and $1,157.44 for one year, I signed the paper and send them the first 4 payments.
On November 2008 I received a letter from LASALLE Bank asking me to move out that my lease cancelled, They also send me a letter to appear in housing court. I did not know that my property was forclosure by Ocwen in 2001, now that I have a lawyer they agreed to sale me the property back for $140,000.00 which is about $35,000.00 more that what I pay for the property which was $109,000.00 what happend with the 14 years of payments that I made.
Ocwen Loan Services LLC are crazy if they think I am going to buy the property for than what I pay for in the first place.
Someone need to have this people investigated because they are taking property away from people without law involvement. They are THIEFS...