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Report: #1190546

Complaint Review: Ocwen Loan Servicing, LLC - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Paula — Everett Massachusetts
  • Author Not Confirmed What's this?
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  • Ocwen Loan Servicing, LLC Nationwide USA

Ocwen Loan Servicing, LLC YOUR HAZARD INSURANCE HAS EXPIRED.... San Antonio Texas

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Hello,

I receive every 30- 45 days or so I receive a letter from this mortgage company stating that my hazard insurance has expired and unless I reply and provide my Insurance certificate to them , they will purchase the hazrd insurance for me at a ridiculous rate over $4,000.00 a year. Since June I have received this letter six (6) times. It becomes a real pain in the butt having to contact my insurance company send them a copy of the letter and then have them send Ocwen my insurance certificate and if i don't provide with-in there 14 day time period they will buy insurance for me. this is such a SCAM and RIP OFF! Something must be done about these theives, it takes all my time up doing this, and I know they are just waiting for me to miss one (1) of these letters so they can wack me with this insurance (that by the way, if they purchase it, I can not cancel it and must pay it or they will file legal action against me). They make threats all the time, I am getting so upset about this, I'm thinking of going to my states Attorney General and filing a formal complaint and possible legal action!! I think this would be a perfect Class Action Suit against these dishonest company. Teach them a lesson.

Is anyone else having this issue? Your Hazard Insurance has expired, please provide your new policy with-in 14 days or we will purchase it for you and it is estimated at $4,074 annually and once we provide it CAN NOT be cancelled. I just renewed my policy on July 30th 2014 and since I have received 6 letters from this company.

This report was posted on Ripoff Report on 11/21/2014 12:40 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan-servicing-llc/nationwide/ocwen-loan-servicing-llc-your-hazard-insurance-has-expired-san-antonio-texas-1190546. 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. READ: Foreign websites steal our content

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