In Nov Saxon sold my mortgage to Ocwen. A few days prior to doing so, Saxon paid my school taxes, which were not due for another six weeks. Ocwen immediately decided that I was delinquent and added an escrow portion to my payment without any notification whatsoever. I never had escrow on this loan, and I made the mortgage payments as well as the tax and insurance payments. But, Ocwen bumped my payments by $500 per month.
In hindsight, I should have faought them from day one. Rather, I kept making the P&I payments as I always had. I also made all of yhe tax and insurance payments as before. It didn't matter.in Sep Ocwen foreclosed on my house. Thankfully, my local county court requires them to entertain a loan mod proposal. With the help of a local non-profit agency, we made the necessary application. Not surprisingly, Ocwen pretended it needed more documentation, which was provided at our first hearing.
Long story short, I had to engage a family member attorney to help. Two days before my second hearing Ocwen offered a proposal (which they said they offered two weeks earlier, but did NOT). The proposal was actually quite reasonable, so I naturally accepted it. First payment has been made.
But, the second hearing was two days later and the attorney for Ocwen had no idea that a settlement had been reached. Big surprise there, duh...
My advice for anyone dealing with this despicable company is:
1. If you can get an attorney, do so
2. Document EVERYTHING that you do, that they ask for and that you send them
3. If you are fortunate enough to get a settlement, continue to document EVERYTHING
I felt bad for most of the people going through this procedure. If I were not lucky enough to have a crack attorney working for me, I would be packing my stuff right now. I don't know how anybodt has a chance with this BS company unless they have a lawyer.
Even though my nightmare seems to be ending, I will not let my guard down. Every payment is going retrn receipt. Every payment will be photocopied. I will not allow this rip off company to do me again.
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