ED Magedson – Founder
Ocwen Mortgage Lack of follow up with info on home. High interest rate which they refused to reduce due to home being a rental property. Regularly monthly changes in pay-off amount. Inability to speak with customer service unlesss your payment is late. Nationwide
I purchased this home over 15 yrs ago from GMAC @ a ballon interest rate. This mortgage was then turned over to another mortgage company. I have in past requested a reduction in interest rate due to fluctuation in payment amounts. I have attempted by phone to contact them for pay-off amount which will cost $30. I believe this company has taken advantage of me due to my credit being poor 15 yrs ago.
I feel that mortgage company's that refuse to work with you on reductions are scammeers and want to forclose on your property.
This report was posted on Ripoff Report on 06/04/2014 03:22 PM and is a permanent record located here: http://www.ripoffreport.com/reports/ocwen-mortgage/nationwide/ocwen-mortgage-lack-of-follow-up-with-info-on-home-high-interest-rate-which-they-refused-1152192. 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.
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