Ocwen Federal Bank
Ripoff, nonsense and Interest Fraud

After finding this web site and reading all these reports I was in shock to find out I was not alone. I had just about given up until I saw a report on the World news! It motovaited me to look up web sites, unreal.

I am in the same boat as most of the victims. I have a mortgage with Ocwen Federal bank that they purchased form HUD. They put me on a Forebearance agreement which they feel entitles them to rise my payments every year until I cannot afford to pay.

In the mean time Ocwen has added a securitized interest charge of $18,759.00 and Government payments of $2,920.65 and Escrow Advance of $1,824.95 totaling $22,222.21. They want to make sure if you ever try to get out they take all your equity.

I've wrote countless letters to Ocwen and they have responsed with nonsense. It is a very frustrating situation because we (the victims) do not know where to go. Really I believe the goverment needs to get involved.

Company: Ocwen Federal Bank
Country: USA
State: Florida
City: Orlando
Address: 12650 Ingenuity Drive
Phone: 8002419960

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