Report: #1300654

Complaint Review: Altisource

  • Submitted: Tue, April 19, 2016
  • Updated: Tue, April 19, 2016
  • Reported By: Madascanbe — Cincinnati Ohio USA
  • Altisource


Altisource OCWEN Broke into my house and stole all of my possesions. Attempted to take over my house. Broke the locks off of my door. Took pictures of my personal property but claim they don't have it. Cincinnati Nationwide


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Altisource broke into my house and stole all of my personal and business property. I only learned it was Altisource because they left signs with their phone numbers, which enabled me to track down who broke into my house. They admitted their employees had entered my house on multiple occasions, but refused to say exactly when, why or who entered. I filed a complaint on line with a company ombudsman online and received a call back from someone named Celeste Ingram. She identified herself as the ombudsman. She said she would investigate and get back with me. She called back and demanded I tell her the dates of loss of my property. I told her that they had no authorization to be in my house and I would not engage a discussion with her over the missing contents of my house. I just wanted my property returned. She told me Altisource had pictures of the inside of my house and demanded I tell her what they removed and file a claim of loss date. This was not an insurance matter, but a crime, as I had never heard of this company. She was trying to get information from me to cover their tracks.

I informed her that at no time did Altisource have legal authority to enter into my private residence, change locks, take pictures and remove my possessions. It was clear that Altisource was aware that they illegally entered my home, based on their efforts to hide information and cover up their crime. In my ongoing investigatin to get to the bottom of this home invasion and burglary, I have learned that Altisource shares a CEO with OCWEN. William B. Shepro. Mr. Shepro was appointed Chief Executive Officer and to the Board of Altisource in August 2009. Mr. Shepro previously served as the President and Chief Operating Officer of Ocwen Solutions at Ocwen. He previously served as President of Global Servicing Solutions, LLC, a joint venture between Ocwen and Merrill Lynch, from 2003 until 2009. He joined Ocwen in 1997. Mr. Shepro serves on the board of Altisource. His relationship with OCWEN presents itself as a major conflict of interest. Apparently OCWEN and Altisource have quite a fraudulent housing racket going, illegally entering into residences and stealing their personal effects. My house is in an area that is being gentrified. They have been taking senior citizens and others' homes in an effort to move certain people back into the city. My house is a historic house and is right in the middle of their plans to take over that area. Upon information and belief, Altisource teamed up with certain entities that have been snatching homes in the area where my house is located and attempted to snatch my home under illegal, false and fraudulent pretenses. It appears that this is an organized crime ring because of the manner that they entered my house.

This report was posted on Ripoff Report on 04/19/2016 02:49 PM and is a permanent record located here: 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


AUTHOR: Baltimore Fraud - (USA)

 Just wanted to tell you that your article was very informative laying out the fraud and criminality involving Wall Street Banks and the whole financial industry. This is the best example of a double standard where white color crime is allowed to flurouish and as you stated crime syndicate or better racketeering (RICO). But Black's are gunned down and choked for cigarettes and even for playing cops and robbers.

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