Ocwen
Foreclosure, unfair fees, unfair forbearance agreements

Business & Finance

I have read all the files about Ocwen and they all sound all too familiar to me. I am being threatened with foreclosure now so i also have a forbearance agreement which is putting me further and further away from helping save my home! 2 yrs. Ago my mortgage payment was $991 and is now $1450!!

I had flooding at mu house and had a lot of damage which resulted in a lot of out of pocket expenses that our ins. Wouldn't pay. Which was what put us behind.

Also we paid up back taxes that we didn't know we could escrow which was a lot of out of pocket.

We have had 2 plans already due to these extenuating circumstances and they are more than willing to help with huge down down payments and raising the payment. How does this help.in Oct. I paid $2489 down and $3000 in Jan. And they are still threatening me! That's not counting the amt. I put down last year.

This is ruining my credit! They also say i owe 13,000 in arrearages! How can this be??? I always pay my house payment each month!

I am going to investigate my payment history with them but that is gonna take awhile. I need some help now!!!

Each month the continually add high late fees, and a $10 property ins. Monthly!

I have never seen such a horrible company to deal with. They do not respond to my emails and there is at least a 30 -40 min. Wait to talk to a representative. Then they are more than happy to help by another downpayment and forbearance agreement.

This is a vicious circle with no end and i am in fear of losing my house!!!


Company: Ocwen
Country: USA
State: Florida
City: Orlando
Address: P.O. Box785056
Phone: 8007462936
  <     >  

RELATED COMPLAINTS

Ocwen Federal Bank
Ripoff, Forbearance plans, and fraudulant fees etc

Ocwen Federal (Financial) Bank
UNFAIR FORBEARANCE PLAN AND CHARGES Los Angeles, California Orlando, Florida

OCWEN Loan Servicing
Jacked up my mortgage in forbearance and bought Home Owner's Insurance without my consent

Ocwen
Federal Bank - Ocwen Financial Company Ocwen is a huge ripoff that will take your home and charge you outrageous fees

Ocwen Loan Servicing, LLC
"Forbearance Plan" = charge you late fees and/or mark your credit report 30 days late every month

Ocwen Loan Servicing
Charging $2,000 in late fees for being on a Forbearnce Plan

Select Portfolio Servicing Inc
They add other charges every month

Fairbanks - Select Portfolio Servicing SPS
Ripoff scams you into default, into foreclosure and scams on the forbearance agreement too

Ocwen FSB & Fairbanks Capital
Ripoff Sold my mortgage and I'm still being haunted by their FORBEARANCE rip-off

Ocwen Federal Bank
Bogus Fees Inaccurate Credit reporting Forcing Insurance Threatening Foreclosure