- Report: #1122172
Report - Rebuttal - Arbitrate
Complaint Review: Ocwen Loan Servicing LLC
Ocwen Loan Servicing LLCP.O Box 24738 West Palm Beach FL 33416-4738 Waterloo, Iowa USA
Ocwen Loan Servicing LLC GMAC ESCROW AND INSURANCE RIPOFF WEST PALM BEACH FLORIDA
*Consumer Comment: In a home loan consisting of PITI..Principal, Interest Taxes and Insurance...
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I just found out that for the last year I have been making my payments on time and for the same amount and my escrow payment is included into my payment every month now all of a sudden they tell me my escrow account is short by $700.00 and they can not explain why this is.
So now I want to know if you have included my escrow into my payment and my payment was made every month how am I short and what happend to the account to make it short, now they want to increase my monthly payment to pay for the shortage but I cant get an answer as to how this could have happened.
This is not the first time something odd has taken place, last month I was informed that I owed and additional $86.00 for fee's charged for them upgrading their system, I told them I was not responsable for that and they said if I did not pay it then it would go on my credit report as a late payment and I would get charged an $85.00 late fee so rather than fignt with them I paid it now I have this looming over my head and I refuse to pay this time, I want to join in to the class action suit on Ocwen Loan Servicing LLC they are the biggest ripoffs ever this is just getting worse every month and I do not feel that I should have to pay the extra money for the escrow account.
I need help on this real soon I don't know what to do now.
This report was posted on Ripoff Report on 02/08/2014 11:02 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ocwen-Loan-Servicing-LLC/Waterloo-Iowa-50704-0780/Ocwen-Loan-Servicing-LLC-GMAC-ESCROW-AND-INSURANCE-RIPOFF-WEST-PALM-BEACH-FLORIDA-1122172. 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.
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