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Ripoff Report | Ocwen Loan Servicing LLC, Review - WATERLOO, Iowa
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Report: #1082114

Complaint Review: Ocwen Loan Servicing LLC, Waterloo, IW - WATERLOO Iowa

  • Submitted:
  • Updated:
  • Reported By: Laura — los angeles California
  • Author Not Confirmed What's this?
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  • Ocwen Loan Servicing LLC, Waterloo, IW PO BOX 780 WATERLOO, Iowa USA

Ocwen Loan Servicing LLC, Waterloo, IW OCWEN.MORTGAGEBANKSITE.COM Refuse to remove our PMI WATERLOO Iowa

*Author of original report: Update

*Consumer Comment: Ocwen - PMI

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Unfortunatly, Ocwen is our mortgage company, they are refusing to remove our PMI even after a steller appraisal, which gave us over WAY under the 80/20 LTV.  After numerous unsuccessful calls, which we were left on hold for over 20 minutes each time, we were transfered to another dept. which we were placed on hold again for over a half hour.  They are IMPOSSIBLE to get a hold of.  We most likely will have to take them to small claims court to have them remove the PMI.  So frustrating.

This report was posted on Ripoff Report on 09/05/2013 08:28 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan-servicing-llc-waterloo-iw/waterloo-iowa-50704/ocwen-loan-servicing-llc-waterloo-iw-ocwenmortgagebanksitecom-refuse-to-remove-our-pm-1082114. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Update

AUTHOR: Laura - ()

POSTED: Friday, April 18, 2014

we ended up refinancing to get out of PMI.  After we did some basic math, it was cheaper to do the refi then to pay the PMI every monthsore glad we did, this company was a nightmare to work with.  We're now with Capital One.  There Customer service is great I highly recommend them.

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#1 Consumer Comment

Ocwen - PMI

AUTHOR: Matt - ()

POSTED: Tuesday, March 25, 2014

So what did you end up doing.  I'm facing the same problem and don't know what to do.  Its costing me $160/month!

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