Complaint Review: Ocwen Federal State Bank - Orlando Florida
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- Ocwen Federal State Bank 12650 Ingenuity Drive Orlando, Florida U.S.A.
- Phone: 800-766-2936
- Web:
- Category: Mortgage Companies
Ocwen Federal State Bank - Ocwen FSB ripoff bogus late charges lawyer fees drive by inspection fees forced hazard insurance fees Orlando Florida
*Consumer Comment: Ocwen, LittonLoan, Fairbanks, etc. YOUR TIME IS NEAR
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Ocwen Federal State Bank bought by mortgage from HUD in 1997. I had received notice from HUD that my mortgage was being sold and would receive a letter from Ocwen letting me know where to send my payments. I never received that letter so I continued to send my payments to HUD. Three months later I received a letter from Ocwen that they were starting forcloser proceedings on my home.
When I contacted Ocwen about this letter, the people there were very rude and insisted that I had to catch up the payments for three months that I had already sent to HUD. They insisted that I make a down payment on a forbarence agreement of $2400.00 and increase my payment from $373.00 per month to $800.00 per month to pay off an interest arreage on the house. After a long hard fight and getting HUD involved I finally ended up having to pay $600.00 per month. I noticed on my statement that after a year of doing this the amount never seemed to change.
Again, I started looking into it and they had added all kinds of late fees, lawyer fees, hazard insurance fees, property inspection and evaluation fees, and misc charges (whatever that is).
When I questioned them on these fees, again they were very rude and insisted that it is perfectally legal for them to charge me late fees because of the interest arreage. The property inspection fees are to have someone drive by and make sure I have not abandoned the home ($200.00 a pop). They also were double insuring my home. They have yet to come up with an answer on what the misc charges are on my statement.
I have tried to refinance my home just to get away from this company and no one will touch it because of what they have put on my credit record. I also cannot get a payoff amount that makes sense from them.
I assumed this loan in 1992. The original loan was for $43,000. When I assumed the loan, $38,000 was left on the loan. It has been 11 years and the last figure I got from Ocwen said I owed $47,000. How is this possible?
My life has been a living hell every since Ocwen bought my mortgage. Does anyone out there know what I can do to stop them? I am running out of resources and the energy to fight with them anymore.
Denise
Wichita, Kansas
U.S.A.
This report was posted on Ripoff Report on 03/28/2004 10:02 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-federal-state-bank/orlando-florida-32826/ocwen-federal-state-bank-ocwen-fsb-ripoff-bogus-late-charges-lawyer-fees-drive-by-inspec-85738. 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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#1 Consumer Comment
Ocwen, LittonLoan, Fairbanks, etc. YOUR TIME IS NEAR
AUTHOR: Diane - (U.S.A.)
SUBMITTED: Monday, March 29, 2004
Denise form Kansas you are not alone. Our numbers are many and growing.
What Ocwen has done to you with an outrageous payoff figure, has been done to others.
And Ocwen is not the only one, there is Litton Loan, there is Fairbanks, Household Finance, Wells Fargo, GMAC, etc. etc.
My curse is Litton Loan, but no matter what their name they are all scum, liars and theifs.
And the almighy Dollar is the only thing they pray to. They are destroyers of life not just the American Homeowner Dream. I pity the children!
They tell you to call them, they can work it out, this is when they steal your soul and mind with forbearance agreements, and more.
Our numbers are growing, start checking out the support sites, Contifairbankssucks.org, MSFraud.org and there are YahooGroups, Stoplittonloannow & Mortgage_Fraud_Victims, Please join in.
Send your statement with a notarized signature to Kweku Hanson in CT. He has many posts here about his class action case.
And soon there may be more cases proving them criminals under RICO. What they have been doing for years now, is criminal, not just the stealing of your home, but the ruination of your being.
Do not give up Denise, please get involved with the groups I noted. We may not be able to give you an immediate resolution but the support can help and soon as our voices will be loudly heard
across the nation.
God is with us, his children and we will overcome.
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