Ocwen Federal Bank took our home and we were ripped off! We purchased our home in January of and our bank sold our loan in approx. 2 months to Ocwen Federal Bank. At that point our loan was current, but Ocwen said we were behind 3 months, this was impossible because we just closed on our home in January and this was March... It was a nightmare! They continued to tell us that we were behind and charged us late fees and attorney fees that were untouchable. I called several times to talk to someone, never go through to anyone who could tell me what was going on. I emailed the foreclosure department and Michael Napalitano never emailed me back. We went into a forbarance agreement and never missed a payment. We paid them $4600.00 to go into the agreement because they kept telling us they would foreclose on our home. We would get statements that were different each time and I would call and no one could explain to me what was going on. The Attorneys would send us letters each and every month telling us that we were not in agreement and we had to a certain date to get caught up or we would go into foreclosure... It is now 2005 and sadly enough we sold our home. We were $14,500 behind with just late and attorney fees, so when it came to closing we still had to pay them $1350.00 to get out of our home... They are crooks and should not be allowed to offer loans to anyone! I hope that this class action goes through, because they have put a lot of people in some bad situations! I am just glad that we were able to sell our home and not go into foreclosure! But for everyone who has worked with Ocwen you know they just want your property. I purchased my home for $159000 in 2001 and sold the property for $189000 in 2005 and over the years paid Ocwen $67,000 and still did not walk away from my closing with a dime! Ocwen Sucks and should be investigated!
Leisha
Big Lake, Minnesota
Canada
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