ED Magedson – Founder
Ocwen Loan ServicingPO Box 780 Waterloo,, Iowa USA
Ocwen Loan Servicing Corporate corruption Waterloo, Iowa
In February 2013, Ocwen took over for GMAC mortgage who file Bankruptcy. My mortgage was a 30 year fixed with a payment of $481.00 monthly since that time Ocwen has increased my mortgage to $983.00 stating that they are paying my insurance and started an escrow for taxes when I dont owe any taxes. They put insurance on my house for $2700 a year which is paid monthly but they continue to increase my mortgage. I have called them on numerous occassions and they only offered me to apply for an remodification.
This report was posted on Ripoff Report on 03/24/2014 03:45 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ocwen-Loan-Servicing/Waterloo-Iowa-50704/Ocwen-Loan-Servicing-Corporate-corruption-Waterloo-Iowa-1133070. 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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