I too am being threatened by this bank. Thought I was doing something great 2 years ago and refinanced with People bank. Little did I know that they would be selling my mortage to this bank. Found this out 1 week after the closing. Things went well until I tried to refinance with someone else. This did not work out and am still with ocwen. Things went down hill. I had to sign one of those wonderful forebearnace agreements with them. Then lost my job and let them know that I was no longer employed. But was making my payments.
In Sept. 04, made my regular payment and recieved letter that payment was not enough when came time to make oct. Payment. Sent check for usualy amount and check sent back. Called and was told all the necessary information was sent to me in the summer. Never received a single paper. Finally after 6 calls and many different versions found out the reason that my payment is $1300.00 per month. Which is too high and still do not believe them about the reason why. Received call that I needed to make up all the payments that were sent back to me for the correct monthly amout and to get my escrow account so it is not in negative (reson for increased payment) so sent $5000.00 in Dec. 04, so a floreclosure would not happen.
Well the bank continued with this action and treid to get this done on 1/8/05. Had to hire an attorney to get this settled, as the bank never notified their attorney that the money was sent. Very convenient for them. The person was on vacation. The bank has refused to notify the credit companies that this was not to happen and take it off my credit report, which it is still there and have refused to even send letter to explain this. Now trying to refinance to get away from this bank and they are charging me for all their legal fees, and extras to my mortgage. And to top it off they have reported my payments as late, even though they are sent 1 week before they are do.
This bank sits on the checks until after the due date so they can mark them as late. Am still trying to refinance, but will have to pay a higher interest rate. The refinance company was informed from someone at this bank that they will foreclose on my house within 3 months. This even though I am sending in my mortgage.
I heard about the federal court indignment? That is against this bank and would like to know more about it and who to contact to get involved.
We need to stop this bank and them before they distroy.
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