Report: #27645

Complaint Review: Ocwen Federal Bank - Orlando Florida

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Ripoff Report is Xcentric Ventures

Submitted: Thu, August 22, 2002
Updated: Thu, August 22, 2002
Reported By: — Hanover Pennsylvania

Author Confirmed

Why?

Ocwen Federal Bank 12650 Ingenuity Drive Orlando, Florida U.S.A.

Phone:
Web:
Category: Mortgage Companies

Ocwen Federal Bank Delaying applying payments. Forcing late charges, interest fees. Sending back payments because they were supposedly late. Forcing foreclosure abused & mistreated Orlando Florida

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Refinanced my first loan to pay off credit cards. They promised 10% interest, ended up being 18%.

They would hold payments and wouldn't post them to my account which made them late. Then they would add interest and penalty charges.

Eventually demanding all payments be sent by Western Union. Uping my payments to 1 and 1/2 payments per month.

Then sending back my payment saying it was late and couldn't be applied. Eventually, forcing my account so far behind, they forclosed and TOOK my house.

Nancy
Thomasville, Pennsylvania

This report was posted on Ripoff Report on 08/22/2002 07:17 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-federal-bank/orlando-florida-32826-2703/ocwen-federal-bank-delaying-applying-payments-forcing-late-charges-interest-fees-sendin-27645. 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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