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Report: #164399

Complaint Review: Ocwen Loan Servicing - Carol Stream Illinois

  • Submitted:
  • Updated:
  • Reported By: Rim of the World California
  • Author Confirmed What's this?
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  • Ocwen Loan Servicing P O Box 6440 Carol Stream, Illinois U.S.A.

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Ocwen Bank is no more, No OTS no FICA I think they are a Pawn shop now! Even a Pawn shop is too good for these guys. Do they really have any Employees! All you people who work at Ocwen are in the same ranking, crook. You can always jump the fence and change sides and we will be forgiving. But you got to come clean.Your dirty and smell like Ocwen the Criminals. The new name comes at a time of great dispair for these one time above the law Outlaws. We're getting posters ready! WANTED Keep working there and you might find yourself at the post office too.

I knew there had to be a lot of people with the same problem when I sarted out on ripped off. There was all of 3 people including me. I still have not quit and continue to push for the end of this outlaw bank. It's coming. So many to thank but one really is a giant in taking on these creeps. I don't even have to mention his name because. Just because. Your site was fantastic. What a Pal. Thanks for all your work as It has not gone unnoticed by me.

Robert
Rim of the World, California
U.S.A.

This report was posted on Ripoff Report on 11/12/2005 11:23 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan-servicing/carol-stream-illinois-60197/ocwen-loan-servicing-a-brand-new-name-hiding-like-a-chicken-ripoff-carol-stream-illinois-164399. 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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1Employee/Owner

#8 Consumer Comment

Something for John, Robert and Jon. Ocwen pays employees illegal incentives to force foreclosures. $11.5 million verdict to plaintiff

AUTHOR: Robin - (U.S.A.)

POSTED: Saturday, December 03, 2005

John may weep, but I think Robert and Jon may smile at this news.

Our criminal justice system is awesome when it is allowed to work. Juries are working overtime in TX and the Ocwen dirt is being exposed.

All these cases need to be in state courts and filed by people unwilling to take the easy out of a back room settlement...JURIES are the key because the people know fraud when they see it. (Not so sure about judges these days).

Track these cases and use them as needed. Ocwen is falling down brick by brick.

More big jury awards coming, or so I have been told. Stay tuned....

Oh, and John...Ocwen so blows. Go play on the company boards...where no one seems to like Ocwen, Erbey, Wish, Faris, etc. either. Ocwen is pure evil.

Florida Bank Hit With $11.5 Million Verdict; Galveston Jury Says Ocwen Federal Bank Forced Woman Into Bankruptcy

GALVESTON, Texas, Nov. 29 /PRNewswire/ -- A Galveston County jury has awarded a Texas City woman $11.5 million after finding that West Palm Beach, Fla.-based Ocwen Federal Bank engaged in a scheme of unfair, unlawful and deceptive business practices in its servicing of her home equity loan.

The jury verdict, handed down in Judge Susan Criss' 212th District Court on Nov. 29, followed eight days of trial and two days of deliberation in Sealy Davis v. Ocwen Federal Bank, et al.

In February 2002, Ms. Davis, 64, took out a $31,000 home equity loan on the Texas City residence where she had lived since 1942. Ocwen acted as the servicing agent on the loan.

In 2003, Ms. Davis became ill and spent four days in the hospital, which forced her to miss one loan payment. Ocwen told her it would put her on a payment plan, but never did. Ocwen also failed to credit Ms. Davis for the money she paid, and began to foreclose on her house while continuing to assure her she was on a payment plan.

Ocwen eventually foreclosed on Ms. Davis' home, and she filed for Chapter 13 bankruptcy in the hopes of ending Ocwen's harassment. During the bankruptcy, however, Ocwen requested an additional $390 to cover its costs and fees related to the default she already cured.

"We're pleased the jury decided that Ocwen should be held liable for what it did to Ms. Davis," said attorney Robert Hilliard, lead counsel for Ms. Davis and name partner in Corpus Christi's Hilliard & Munoz, L.L.P. "Home loan companies should help people own a place to live, but Ocwen apparently is more interested in taking away the homes of its customers."

***** At trial, a former Ocwen employee testified to the company's unfair practices, including paying incentives to its loan collectors for moving properties with equity into foreclosure. *****

Evidence also showed that the company engaged in predatory servicing by not informing borrowers of how to make their loans current and failing to give credit for payments when they were made.

In a 10-2 vote, the jury found that Ocwen knowingly and intentionally deceived Ms. Davis, and awarded her $10 million in punitive damages and $1.15 million in attorneys fees.

Mr. Hilliard currently represents more than 100 additional homeowners in lawsuits against Ocwen, and previously received a $3 million verdict in a similar case in Corpus Christi. Also representing Ms. Davis were William H. Oliver of San Antonio's Pipkin, Oliver & Bradley, L.L.P., and Edward M.Carstarphen of Houston's Ellis, Carstarphen, Dougherty & Goldenthal, P.C.

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#7 Consumer Comment

Something for John, Robert and Jon. Ocwen pays employees illegal incentives to force foreclosures. $11.5 million verdict to plaintiff

AUTHOR: Robin - (U.S.A.)

POSTED: Saturday, December 03, 2005

John may weep, but I think Robert and Jon may smile at this news.

Our criminal justice system is awesome when it is allowed to work. Juries are working overtime in TX and the Ocwen dirt is being exposed.

All these cases need to be in state courts and filed by people unwilling to take the easy out of a back room settlement...JURIES are the key because the people know fraud when they see it. (Not so sure about judges these days).

Track these cases and use them as needed. Ocwen is falling down brick by brick.

More big jury awards coming, or so I have been told. Stay tuned....

Oh, and John...Ocwen so blows. Go play on the company boards...where no one seems to like Ocwen, Erbey, Wish, Faris, etc. either. Ocwen is pure evil.

Florida Bank Hit With $11.5 Million Verdict; Galveston Jury Says Ocwen Federal Bank Forced Woman Into Bankruptcy

GALVESTON, Texas, Nov. 29 /PRNewswire/ -- A Galveston County jury has awarded a Texas City woman $11.5 million after finding that West Palm Beach, Fla.-based Ocwen Federal Bank engaged in a scheme of unfair, unlawful and deceptive business practices in its servicing of her home equity loan.

The jury verdict, handed down in Judge Susan Criss' 212th District Court on Nov. 29, followed eight days of trial and two days of deliberation in Sealy Davis v. Ocwen Federal Bank, et al.

In February 2002, Ms. Davis, 64, took out a $31,000 home equity loan on the Texas City residence where she had lived since 1942. Ocwen acted as the servicing agent on the loan.

In 2003, Ms. Davis became ill and spent four days in the hospital, which forced her to miss one loan payment. Ocwen told her it would put her on a payment plan, but never did. Ocwen also failed to credit Ms. Davis for the money she paid, and began to foreclose on her house while continuing to assure her she was on a payment plan.

Ocwen eventually foreclosed on Ms. Davis' home, and she filed for Chapter 13 bankruptcy in the hopes of ending Ocwen's harassment. During the bankruptcy, however, Ocwen requested an additional $390 to cover its costs and fees related to the default she already cured.

"We're pleased the jury decided that Ocwen should be held liable for what it did to Ms. Davis," said attorney Robert Hilliard, lead counsel for Ms. Davis and name partner in Corpus Christi's Hilliard & Munoz, L.L.P. "Home loan companies should help people own a place to live, but Ocwen apparently is more interested in taking away the homes of its customers."

***** At trial, a former Ocwen employee testified to the company's unfair practices, including paying incentives to its loan collectors for moving properties with equity into foreclosure. *****

Evidence also showed that the company engaged in predatory servicing by not informing borrowers of how to make their loans current and failing to give credit for payments when they were made.

In a 10-2 vote, the jury found that Ocwen knowingly and intentionally deceived Ms. Davis, and awarded her $10 million in punitive damages and $1.15 million in attorneys fees.

Mr. Hilliard currently represents more than 100 additional homeowners in lawsuits against Ocwen, and previously received a $3 million verdict in a similar case in Corpus Christi. Also representing Ms. Davis were William H. Oliver of San Antonio's Pipkin, Oliver & Bradley, L.L.P., and Edward M.Carstarphen of Houston's Ellis, Carstarphen, Dougherty & Goldenthal, P.C.

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#6 Consumer Comment

Something for John, Robert and Jon. Ocwen pays employees illegal incentives to force foreclosures. $11.5 million verdict to plaintiff

AUTHOR: Robin - (U.S.A.)

POSTED: Saturday, December 03, 2005

John may weep, but I think Robert and Jon may smile at this news.

Our criminal justice system is awesome when it is allowed to work. Juries are working overtime in TX and the Ocwen dirt is being exposed.

All these cases need to be in state courts and filed by people unwilling to take the easy out of a back room settlement...JURIES are the key because the people know fraud when they see it. (Not so sure about judges these days).

Track these cases and use them as needed. Ocwen is falling down brick by brick.

More big jury awards coming, or so I have been told. Stay tuned....

Oh, and John...Ocwen so blows. Go play on the company boards...where no one seems to like Ocwen, Erbey, Wish, Faris, etc. either. Ocwen is pure evil.

Florida Bank Hit With $11.5 Million Verdict; Galveston Jury Says Ocwen Federal Bank Forced Woman Into Bankruptcy

GALVESTON, Texas, Nov. 29 /PRNewswire/ -- A Galveston County jury has awarded a Texas City woman $11.5 million after finding that West Palm Beach, Fla.-based Ocwen Federal Bank engaged in a scheme of unfair, unlawful and deceptive business practices in its servicing of her home equity loan.

The jury verdict, handed down in Judge Susan Criss' 212th District Court on Nov. 29, followed eight days of trial and two days of deliberation in Sealy Davis v. Ocwen Federal Bank, et al.

In February 2002, Ms. Davis, 64, took out a $31,000 home equity loan on the Texas City residence where she had lived since 1942. Ocwen acted as the servicing agent on the loan.

In 2003, Ms. Davis became ill and spent four days in the hospital, which forced her to miss one loan payment. Ocwen told her it would put her on a payment plan, but never did. Ocwen also failed to credit Ms. Davis for the money she paid, and began to foreclose on her house while continuing to assure her she was on a payment plan.

Ocwen eventually foreclosed on Ms. Davis' home, and she filed for Chapter 13 bankruptcy in the hopes of ending Ocwen's harassment. During the bankruptcy, however, Ocwen requested an additional $390 to cover its costs and fees related to the default she already cured.

"We're pleased the jury decided that Ocwen should be held liable for what it did to Ms. Davis," said attorney Robert Hilliard, lead counsel for Ms. Davis and name partner in Corpus Christi's Hilliard & Munoz, L.L.P. "Home loan companies should help people own a place to live, but Ocwen apparently is more interested in taking away the homes of its customers."

***** At trial, a former Ocwen employee testified to the company's unfair practices, including paying incentives to its loan collectors for moving properties with equity into foreclosure. *****

Evidence also showed that the company engaged in predatory servicing by not informing borrowers of how to make their loans current and failing to give credit for payments when they were made.

In a 10-2 vote, the jury found that Ocwen knowingly and intentionally deceived Ms. Davis, and awarded her $10 million in punitive damages and $1.15 million in attorneys fees.

Mr. Hilliard currently represents more than 100 additional homeowners in lawsuits against Ocwen, and previously received a $3 million verdict in a similar case in Corpus Christi. Also representing Ms. Davis were William H. Oliver of San Antonio's Pipkin, Oliver & Bradley, L.L.P., and Edward M.Carstarphen of Houston's Ellis, Carstarphen, Dougherty & Goldenthal, P.C.

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#5 Consumer Comment

Something for John, Robert and Jon. Ocwen pays employees illegal incentives to force foreclosures. $11.5 million verdict to plaintiff

AUTHOR: Robin - (U.S.A.)

POSTED: Saturday, December 03, 2005

John may weep, but I think Robert and Jon may smile at this news.

Our criminal justice system is awesome when it is allowed to work. Juries are working overtime in TX and the Ocwen dirt is being exposed.

All these cases need to be in state courts and filed by people unwilling to take the easy out of a back room settlement...JURIES are the key because the people know fraud when they see it. (Not so sure about judges these days).

Track these cases and use them as needed. Ocwen is falling down brick by brick.

More big jury awards coming, or so I have been told. Stay tuned....

Oh, and John...Ocwen so blows. Go play on the company boards...where no one seems to like Ocwen, Erbey, Wish, Faris, etc. either. Ocwen is pure evil.

Florida Bank Hit With $11.5 Million Verdict; Galveston Jury Says Ocwen Federal Bank Forced Woman Into Bankruptcy

GALVESTON, Texas, Nov. 29 /PRNewswire/ -- A Galveston County jury has awarded a Texas City woman $11.5 million after finding that West Palm Beach, Fla.-based Ocwen Federal Bank engaged in a scheme of unfair, unlawful and deceptive business practices in its servicing of her home equity loan.

The jury verdict, handed down in Judge Susan Criss' 212th District Court on Nov. 29, followed eight days of trial and two days of deliberation in Sealy Davis v. Ocwen Federal Bank, et al.

In February 2002, Ms. Davis, 64, took out a $31,000 home equity loan on the Texas City residence where she had lived since 1942. Ocwen acted as the servicing agent on the loan.

In 2003, Ms. Davis became ill and spent four days in the hospital, which forced her to miss one loan payment. Ocwen told her it would put her on a payment plan, but never did. Ocwen also failed to credit Ms. Davis for the money she paid, and began to foreclose on her house while continuing to assure her she was on a payment plan.

Ocwen eventually foreclosed on Ms. Davis' home, and she filed for Chapter 13 bankruptcy in the hopes of ending Ocwen's harassment. During the bankruptcy, however, Ocwen requested an additional $390 to cover its costs and fees related to the default she already cured.

"We're pleased the jury decided that Ocwen should be held liable for what it did to Ms. Davis," said attorney Robert Hilliard, lead counsel for Ms. Davis and name partner in Corpus Christi's Hilliard & Munoz, L.L.P. "Home loan companies should help people own a place to live, but Ocwen apparently is more interested in taking away the homes of its customers."

***** At trial, a former Ocwen employee testified to the company's unfair practices, including paying incentives to its loan collectors for moving properties with equity into foreclosure. *****

Evidence also showed that the company engaged in predatory servicing by not informing borrowers of how to make their loans current and failing to give credit for payments when they were made.

In a 10-2 vote, the jury found that Ocwen knowingly and intentionally deceived Ms. Davis, and awarded her $10 million in punitive damages and $1.15 million in attorneys fees.

Mr. Hilliard currently represents more than 100 additional homeowners in lawsuits against Ocwen, and previously received a $3 million verdict in a similar case in Corpus Christi. Also representing Ms. Davis were William H. Oliver of San Antonio's Pipkin, Oliver & Bradley, L.L.P., and Edward M.Carstarphen of Houston's Ellis, Carstarphen, Dougherty & Goldenthal, P.C.

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#4 REBUTTAL Individual responds

John, A Employee who thinks Ocwen Bank Is Good

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, December 02, 2005

Well John, I know you have read my files and maybe my Ocwen Files if you work for them. Now after reading my personal Information which I believe you have access to them as a Agent of Ocwen in some manor. I will now hold you accountable for knowingly and freely accepting Ocwen Banks Policies and Practices of plotting and deceiving for your own personal greed. The Love of Money. You see John, you talk like a Ocwen Person. Defending wrong and always on the run from the truth. I have made it my personal goal to never stop, never quit until I see Ocwen Bank and what ever the name they use or will use gone from the world. I also will pursue action against the employees who new and proceeded with crimes of fraud and every Illegal activity Ocwen has committed. My exception is if they come clean and and tell the truth. You may laugh but I tell you criminal charges will be brought out and against the evil and greedy people of Ocwen. They will pay everyone they hurt or destroyed if that is even possible. We don't fully know how many people killed themselfs or others over Ocwens Schemes. We don't know how many families were torn apart. We don't know how many Children suffered at the hands of Ocwens evil and reckless deeds. It will come out, I will not stop until the scales of Justice our Balanced again.
Unless you have some usefull and helpfull information, I would move carefull as I noticed you changed your City for some reason. It was New Jersey, Home of Ocwen Bank. To defend Ocwen after reading all these reports and seeking more information I have you tagged, marked and listed you as a Badguy.
Were going to get all of you criminals. You will see faster than you think

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#3 Consumer Comment

Ocwen Decided to Debank (Dethrift) an Ocwen shill or a complete idiot

AUTHOR: Jon - (U.S.A.)

POSTED: Thursday, December 01, 2005

John,

You claim Ocwen simply decided to "dethrift", and then in the same paragraph you criticize Robert for not doing his research! Well you're either an Ocwen shill or a complete idiot. Oops, redundant statement.

Nice try.

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#2 Author of original report

Dear John are you a shill?

AUTHOR: Robert - (U.S.A.)

POSTED: Wednesday, November 30, 2005

Thank you for reading my short and very edited comments. You will have to read through all of my reports and comments.

If you take the time to read all the other reports you will see my problem grouped with many others. Same situations, Same thefts, How intresting you would ask this question! Why? You know the problems, yet you ask. Are you part of it? Do you work for Ocwen or employed in manor or a outside Ocwen Reality Advisor?

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#1 Consumer Suggestion

point of this?

AUTHOR: John - (U.S.A.)

POSTED: Wednesday, November 30, 2005

i read through your angry post, but i'm not sure what the point of it is. you don't mention here how you have been "ripped off" by ocwen. you only mention the name change and try to make it seem as though ocwen is trying to hide.

if you had done your research you would know ocwen was previously a bank, hence the name ocwen federal bank. in order to keep growing as a mortgage servicing company ocwen decided to dethrift. by dethrifting ocwen is no longer a bank, hence the name change to ocwen loan servicing.

in addition, as part of the dethrifting ocwen was obligated to send a letter to each and every borrower making them aware of the name change. does that sound like someone that's trying to hide?

suggestion: do your research before you jump to assumption.

sincerely.

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