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Report: #26548

Complaint Review: OCWEN FINANCIAL SERVICES/OCWEN FEDERAL BANK F/K/A BERKLEY FEDERAL - Orlando Florida

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  • Reported By: CASSELBERRY FL
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  • OCWEN FINANCIAL SERVICES/OCWEN FEDERAL BANK F/K/A BERKLEY FEDERAL 12650 INGENUITY DR. Orlando, Florida U.S.A.

OCWEN FINANCIAL SERVICES, OCWEN FEDERAL BANK AKA BERKLEY FEDERAL RIP OFF CONSUMERS FRAUDULENT CHARGES BOGUS MISCELANEOUS BANLACES Orlando Florida

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I would like to report on this corrupt corporation. I know from the inside "I work there" all the abuses this people do to hard working people. they threathen people over the phone, talk to customers in a violent manner.
They have abused borrowers for so many years and get away with it.

For example: in CA, they are not supposed to charge a pre-payment penalty on the foreclosure loans. Well, they do. The reasoning for this is that the borrowers are dome and by the time someone finds out, the bank already made millions out of it, and this was told to me by one of the Managers here in Orlando, Florida.

Well, I had been doing my homework and finding that they are putting the money the borrowers send for payments on this bogus miscelaneous suspense or other suspense balance accounts while the borrower keeps accumulating late fees and other charges and the money is never applied towards the principal.

Thank God that here in Florida the judges are pro-borrowers and had thrown out many foreclosure charges and ordered Ocwen to work out a payment plan with consumers.

Now they are sending most of their operations to India. Yes, to India, were the labor is much cheaper than here and no benefits had to be paid to the employees. They transferred some departments already there.

Please contact me if you have any questions, I am not afraid of them.
Sincerely,

ANNA
Orlando, Florida

This report was posted on Ripoff Report on 08/09/2002 05:44 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-financial-servicesocwen-federal-bank-fka-berkley-federal/orlando-florida-32826/ocwen-financial-services-ocwen-federal-bank-aka-berkley-federal-rip-off-consumers-fraudul-26548. 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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