Usacomplaints.com » Business & Finance » Complaint / Review: Ocwen Mortgage - Insurance Scam Forced Insurance Policy on a Covered Mortgage. #350022

Complaint / Review
Ocwen Mortgage
Insurance Scam Forced Insurance Policy on a Covered Mortgage

My mortgage was covered under a personal policy, through Escrow, for hazardous and flood conditions, for a total of $1300 a year, from October to October.

In April OCWEN forced an insurance policy for Hazards ($1357.74) and a forced flood insurance policy ($846.62) on my loan, which was already covered. This raised my automatically debited payment a total of $183.70 a month.

When I contacted OCWEN, I was transferred and referred between ESCROW and INSURANCE Departments with no answers or resolutions. They did not renew my personal policy, for $1300 a year in October. I got new quotes in November they never paid the premium.

In March I CLOSED my bank account because OCWEN would not stop the auto pay, for the incorrect amount.

In April the mortgage was sold to Greentree. I have been working with Ocwen and Greentree now for almost SIX MONTHS and still do not have the payments and escrow correct. I have detailed my taxes & my insurance policy total, along with the P&I on my mortgage, and yet Greentree can not seem to reconcile my ESCROW account because of OCWEN's FORCED INSURANCE POLICY.

At wits end!


Offender: Ocwen Mortgage

Country: USA   State: Florida   City: Orlando
Site:

Category: Business & Finance

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