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Report: #31675

Complaint Review: OCWEN, MOSS CODILIS - Orlando Florida

  • Submitted:
  • Updated:
  • Reported By: CASSELBERRY FL
  • Author Not Confirmed What's this?
  • Why?
  • OCWEN, MOSS CODILIS 12650 INGENUITY DR., ORLANDO FLORIDA 32826 Orlando, Florida U.S.A.
  • Phone: 407-737
  • Web:
  • Category: Banks

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This in response to John, oh dear Johnny... do you forget to mention the times when the LRC's take payments and post them in this bogus "miscelaneous suspense" accounts? Letting properties go to sale, and not returning the money to the borrowers? do you remember hundreds of cases where forbearance payments were sent and posted on this suspense accounts, sending the loans to foreclosure????

Or the instance where your own Senior Manager of default Servicing, Mrs. Teresa Bratcher , was arguing over the telephone that she could do a foreclosure on a Reinstated Loan? Does this lady knows what she is talking about? Does she has a finance or managerial degree at all? OR her position was given by but kissing? How can you proceed with foreclosure on a Reinstated Loan? Is that the way she is training the India foreclosure department to handle the loans?

What about the loans that have to be closed and instead are put on hold, therefore charging fees and bogus bpo's??? The time when a loan went for sale and after the sale the Attorney noticed that a Reinstatement check was in his office and never notified the foreclosure coordinator?

I really feel sorry for the borrowers that can't afford to hire a lawyer, they get screwed big time! These charlatans of LRC's tell them lies and people think they are attorney's!! Like this lady in Florida, the LRC refuses to work out a payment plan with her even when her loan is reinstated!!

Shame on you, here is a proactive person, trying not to be charged foreclosure bogus fees, trying to work out a loan since she knows she will get behind, and the LRC told her no! I know why! Her house balance is only $40k and if Ocwen buys back the house at the auction sale, it can make money out of it, yes , Ocwen has an REO department! Why do you think they are so eager to buy back the properties? To sell them at a big profit! Yea, scam artist and I can prove it!

Hope you get what is coming soon! Stop harrasing employees, you bastards!! I will be one of the thousands laughing at you when you all get handcuffed!!

And no, Iam not a disgruntled employee, I am saying the things the way they are, the truth! The truth shall make us free!

Anna
Orlando, Oklahoma

This report was posted on Ripoff Report on 10/02/2002 01:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-moss-codilis/orlando-florida-32826/ocwen-moss-codilis-ripoff-scam-liars-cheaters-employee-speaks-business-from-hell-orlando-f-31675. 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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#4 Consumer Comment

Other Lending Companies Now Wooing OCWEN Borrowers

AUTHOR: Diana - ()

POSTED: Wednesday, October 02, 2002

As a victim of prey of OCWEN, my husband and I just received a letter from another mortgage company which states:

"Important research was done by our company, research designed to save you money. We found a mortgage listed under your name with OCWEN Financial Services, Inc.

We have had great success in refinancing Ocwen Financial Services loans because our rates are much lower. The hardest thing is finding out to whom they sold your mortgage.

We are also able to offer you escrow accounts for your taxes and insurance." The rate they quote is 6.125%. The rate we got form OCWEN? 19.5% and adjustable UPWARD!!

The point is this - even others in the mortgage industry are taking note of OCWEN's unfair and illegal lending/servicing practices!!
The ball is rolling.

Respond to this report!
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#3 Consumer Comment

Other Lending Companies Now Wooing OCWEN Borrowers

AUTHOR: Diana - ()

POSTED: Wednesday, October 02, 2002

As a victim of prey of OCWEN, my husband and I just received a letter from another mortgage company which states:

"Important research was done by our company, research designed to save you money. We found a mortgage listed under your name with OCWEN Financial Services, Inc.

We have had great success in refinancing Ocwen Financial Services loans because our rates are much lower. The hardest thing is finding out to whom they sold your mortgage.

We are also able to offer you escrow accounts for your taxes and insurance." The rate they quote is 6.125%. The rate we got form OCWEN? 19.5% and adjustable UPWARD!!

The point is this - even others in the mortgage industry are taking note of OCWEN's unfair and illegal lending/servicing practices!!
The ball is rolling.

Respond to this report!
What's this?

#2 Consumer Comment

Other Lending Companies Now Wooing OCWEN Borrowers

AUTHOR: Diana - ()

POSTED: Wednesday, October 02, 2002

As a victim of prey of OCWEN, my husband and I just received a letter from another mortgage company which states:

"Important research was done by our company, research designed to save you money. We found a mortgage listed under your name with OCWEN Financial Services, Inc.

We have had great success in refinancing Ocwen Financial Services loans because our rates are much lower. The hardest thing is finding out to whom they sold your mortgage.

We are also able to offer you escrow accounts for your taxes and insurance." The rate they quote is 6.125%. The rate we got form OCWEN? 19.5% and adjustable UPWARD!!

The point is this - even others in the mortgage industry are taking note of OCWEN's unfair and illegal lending/servicing practices!!
The ball is rolling.

Respond to this report!
What's this?

#1 Consumer Comment

Other Lending Companies Now Wooing OCWEN Borrowers

AUTHOR: Diana - ()

POSTED: Wednesday, October 02, 2002

As a victim of prey of OCWEN, my husband and I just received a letter from another mortgage company which states:

"Important research was done by our company, research designed to save you money. We found a mortgage listed under your name with OCWEN Financial Services, Inc.

We have had great success in refinancing Ocwen Financial Services loans because our rates are much lower. The hardest thing is finding out to whom they sold your mortgage.

We are also able to offer you escrow accounts for your taxes and insurance." The rate they quote is 6.125%. The rate we got form OCWEN? 19.5% and adjustable UPWARD!!

The point is this - even others in the mortgage industry are taking note of OCWEN's unfair and illegal lending/servicing practices!!
The ball is rolling.

Respond to this report!
What's this?
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