I have been paying to OCWEN payments onto my mortgage loan ever since HUD sold our mortgage because our previous mortgager went into receivership. Nothing but trouble, but I was fortunate to have a politician in the family and a career in the legal field which aided a bit of survivorship. If not for these 2 things, OCWEN would have been successful in stealing my home, too.
I am also listed with the class action plaintffs against OCWEN.
I am thrilled to tell you that The Office Of Thrift Supervision finally and belatedly did something. OTS Docket #04592 signed by both CEO William Erbey and the OTS Director Robert Albanese places OCWEN under a Supervisory Agreement. This is powerful!
No longer can OCWEN be OCWEN Federal Bank FSB on my billings, now they're OCWEN Financial Services LLC. Plus they've agreed to not do any of their famous tricks such as forced hazard insurance on already insured property, not investigate consumer disputes, and keep an Office Of Consumer Ombudsman. Just wanted you all to know this asap. All is in effect by June 30 but I've already gotten my first piece of mail from their new "name".
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