- Report: #832083
Report - Rebuttal - Arbitrate
Complaint Review: Ocwen Loan Sevicer
Ocwen Loan SevicerWest Palm Beach, Florida United States of America
Ocwen Loan Sevicer All Customer and Manager Relations from India/Atlanta Ocwen Are script West Palm Beach, Florida
*Consumer Suggestion: Ocwen help
*Consumer Comment: And this is" America " Land of Opportunity???
I was able to raise my child in a great school district and hes somewhat a baseball prospect for college. Both I and my wife are hardworking Americans. Here we goWhen Id closed on my home; we were told that we could Refi in 3 years. Well, we all know how this turned out. Underwater is an understatement. We knew we had to do something and so, wed called Litton to do a Modification. After many calls, loss docs, wrong docs, outdated financials, Profit & lost statements. Theyd
actually put me on a three month trial period to just deny me after my on time payments.
They never told me why until I attempted to get another Mod. (Keep in mind, my financial situation is getting worse but surviving. My industry is feeling the pinch.) This was all in the Hardship letter. Surprise! Your loan has been transferred to Ocwen. Let fun begin. I read all the message boards and rip off reports on Litton.Childs play compare to Ocwen. These guys come off like theyre here for you and not to worry. We help those who are facing hardship and we have many ways to help you well, great! I can now sleep tonight. I told my wife, I think theyre going to help us and theres hope for us. Boy, was I wrong. This time, I was smarter this time around entering into negotiations with them.
In my first call, I notified them that all calls are being recorded for possible future legal action if so needed. Theyd knowledge my statement. They gave an offer for a mod and it sounded too good to be true. Mr. sheep.. yes Mr. Ocwen. It will take us 30 days to review your docs and dont worry. Everything I see in front of me looks pretty good to get a Modification. Awesome! This is good news and thank you so much. 30 days go by and I was able to pay one more payment one day before my grace period ended. I get a message via (Ocwens website) the next day after paying them online. Your
Modification in under review for 30 days. Please dont call us, bla, bla..
Something Smells in West Palm Beach. They contacted me and told me that I was making, according to my financials, $9000 a month. Nope, not me. If I was making that amount, I wouldnt be on the phone talking to you. This is where the deaf comes in. I told them I was a contract worker and that you made a mistake in your additions. Wow, he actually agreed and would resubmit the numbers again. Wrong. I was now rejected because Ive never been late on my payments. Well, duh.DIDNT YOU READ MY HARDSHIP LETTER?
Now they want me to verify my 1099 income. I get cash at times and I do claim it on my taxes. Hard to do sometimes. I thought the form 4506t or 4605t, whatever it is, was use for that reason. They would not hear it. Now they told me that I make $10300 a month. Really! Where in the hell did you come up with those figures? I had to explain to them again that youre multiplying the last two paystubs by 52 weeks. Hello, Im a contract worker and my income is a variable. I thought the average IQ in India was 120. Ah, it is, but theyre playing games. I have nothing against the folks in Indian. Heck, I can even
understand them for the most part. They have a job to do and theyre scripted. I have to protect my family. I know Im ranting. This is what Ive learned. You should find a good lawyer and stop trying to outsmart these A holes. If you do have a job but youre having a rough time and you pay your bills on time like me. The only thing you need to worry about is Deficiency Liabilities. Yes! Your credit will be hit but its the lessor of the two evils and with discipline, youll be cash rich again and your credit will get better too. Be careful with short sales. They can come after you for the balance but there is a way to enter language in the contract to avoid it. The only reason to do a short sale is to not have such a big impact on your credit report. Thats it. Also, 55% of homeowners who do get a modification end up foreclosing. Why! Its all designed to maximize the investor, not us. Remove your emotional attachment to your home,( It was hard for me to do) and think of it as a business move. Youll sleep better. DONT LIE TO YOURSELF AND BELIEVE THEY WANT TO HELP US. THEY DONT. Theyre just a glorified (Buy here, Pay here) car lot.
This report was posted on Ripoff Report on 01/31/2012 07:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ocwen-Loan-Sevicer/West-Palm-Beach-Florida-/Ocwen-Loan-Sevicer-All-Customer-and-Manager-Relations-from-IndiaAtlanta-Ocwen-Are-script-832083. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
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.
Advertisers above have met our
strict standards for business conduct.