Complaint Review: Ocwen Loan Servicing - Orlando Florida
- Ocwen Loan Servicing ocwen.com Orlando, Florida U.S.A.
- Phone: 800-746-2936
- Web:
- Category: Mortgage Companies
Ocwen Loan Servicing Deceptive Practives for years Orlando Florida
*Consumer Comment: Why doesnt someone do something?
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Our mortgage was sold to Ocwen approximately 6 years ago. Immediately we started having issues with them. Granted at the time we had a situation, however we worked very hard to repair our situation.
Before the whole "mortgage crisis" began in the economy, we have made several attempts to refinance to help our situation further. We have tried at least once every other year. EVERY time we had refinance compaines interested and ready to go, Ocwen reporting practices ultimately ended our attempts. We tried very hard to find a refinance company that can work through the mess Ocwen had created, as far as reporting. Over and over we heard the same things.... "Ocwen has a history of bad reporting practices", "they seem to report as they can, not on a required timely basis", "None of this makes any sense", etc.
We am up front and honest to every company who seesm interested in refinancing us. However, to no avail, Ocwen seems to be able to keep us in their clutches. It feels like they are keeping us further and futher behind. We pay evey month... and yet it seems the loan amount has not changed in over two years.
This year has proven to be tough. We hav entered into yet another loan modification agreement. My husband lost his job late last year. He was very fortunate to obtain a better position earlier this year. A few months into his new job, I had lost my job. I have not been as fortunate to find a replacement yet. So far, we have been ok.
We made our payments, on time. However, we still receive notifications of notice of intent to foreclosure and daily recordings to call. I call; they "assure" me that their records show adequate activity. I must admit after finally reading some of the ripoffreports.... I am unsure of the near future of this "loan modification agreement".
I am 100% convinced that they are crooked. I hve known this for quite some time. I have heard from reputable compaines, in not such bold terms... that they are crooked. They SHOULD BE federally investigated.
Ah
Rock Hill, South Carolina
U.S.A.
This report was posted on Ripoff Report on 07/17/2008 09:30 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan-servicing/orlando-florida/ocwen-loan-servicing-deceptive-practives-for-years-orlando-florida-352301. 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
Why doesnt someone do something?
AUTHOR: Tonja - (U.S.A.)
SUBMITTED: Wednesday, July 30, 2008
They did the same to me. Each time I got a fianance company that was willing to actually try to work with me Ocwen refused to give them a proper payoff amount until the company rescinded the offer. So im just stuck with Ocwen. If I pay them, they report that my payments are late, if I dont pay them they add more fees and threaten foreclosure. Hopefully, someone will finally step up and do the right thing. I just hope its not too late. Unfortunately it is for some of us.


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