Report: #74501

Complaint Review: Ocwen Federal Bank - Orlando Florida

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Ripoff Report is Xcentric Ventures

Submitted: Tue, December 09, 2003
Updated: Tue, December 09, 2003
Reported By: — Mastic Beach New York

Author Not Confirmed

Why?

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

Phone: 800-746-2936
Web:
Category: Mortgage Companies

Ocwen Federal Bank ripoff - insurance fraud; interest fraud; payment application fraud Orlando Florida

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I attempted to settle with Ocwen Federal several times, additionally they forced VERY high insurance on my account and took the payment application to the "escrow" first for insurance, then interest - then principal

I paid 18 years on a 15 year 10% loan - then when I refinanced they still took 45,000+ - - - - There is a class action suit against them; but to date I have found no-one to help my situation....

Why is it the banking commission and the federal government are allowing such fraudulant behavior and WHY with so many complaints are they continually allowed to "RIP OFF" the little guy

Maybe someone can read these and help all of us....

Debra
Brookhaven, New York
U.S.A.

This report was posted on Ripoff Report on 12/09/2003 07:47 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-federal-bank/orlando-florida-32826/ocwen-federal-bank-ripoff-insurance-fraud-interest-fraud-payment-application-fraud-orl-74501. 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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