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Report: #36705

Complaint Review: OCWEN Federal Bank - West Palm Beach Florida

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  • Reported By: Stuart Florida
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  • OCWEN Federal Bank Ingenuity Drive West Palm Beach, Florida U.S.A.

OCWEN Federal Bank overcharged for fire insurance ripoff West Palm Beach Florida

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I was forced to go to HUD in 1993 as I had lost my job and did not want to have my house foreclosed on. When HUD took over my mortgage I was no longer able to include my insurance in the monthly mortgage payment. As a result of Andrew the insurance I previously had went from $189.00 per year to over $375.00 per year. I had to pay it all at once and never had the money to do so, so I went without insurance. HUD eventually sold my note to OCWEN. They demanded insurance and I could not obtain it so they gave me forced fire only insurance. I have been charged over $450.00 per year for approximately 7 years now. I believe this to be a complete ripoff as I can get the best homeowners for what they charge for fire. I feel I should be included in this class action suite.

Patricia
Stuart, Florida

This report was posted on Ripoff Report on 12/01/2002 01:27 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-federal-bank/west-palm-beach-florida/ocwen-federal-bank-overcharged-for-fire-insurance-ripoff-west-palm-beach-florida-36705. 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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