Usacomplaints.com » Business & Finance » Complaint / Review: Ocwen Loan Servicing, Orlando Florida - I filed hardship papers, had a investor willing to buy and OCWEN still foreclosed, I now have a 1099 A from them and the balance between the principal and FMV is my 2nd note with them. #272266

Complaint / Review
Ocwen Loan Servicing, Orlando Florida
I filed hardship papers, had a investor willing to buy and OCWEN still foreclosed, I now have a 1099 A from them and the balance between the principal and FMV is my 2nd note with them

I started in early 2007 to try and get help with my loan. My spouse lost his job and I was diagnosed with cancer. I called the HOPE line and the deal they worked out with OCWEN still was too much money in a lump sum. I found an investor who was willing to pay what they have listed as the FMV on my 1099A. They were so diffcult to get int touch with and it seemed that we kept resending the same papers every two weeks. Finally the date of auction fast approached. Sale was set for Nov 15th. My investor grew tired but kept on trying. Fearful of being without a home, one week before the sale we moved out. I had enough. My investor tried up to day of auction to get his offer accepted. They just wanted more of the same paperwork resent. Auction came and went. I just got in the mail a 1099 A from OCWEN. The Principal and FMV are the difference of my second note. I have tried to call to see if I am getting a 1099 A for the second note... Of course, the lines are all busy, my wait time is 2 hrs. They said I can set up an appt. I tried that and the phone keeps getting disconnected. I have had enough of these people. They got a home in much better condition than when I bought it. What more do they want??? I barely make enough to pay the bills now. So when I file my taxes I guess the 79K profit they list on my 1099 A is my problem with the IRS. Thanks OCWEN for nothing!!!


Offender: Ocwen Loan Servicing, Orlando Florida

Country: USA   State: Florida   City: Orlando
Address: 12650 Ingenuity Drive
Phone: 8007462936

Category: Business & Finance

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