Ocwen Loan Servicing
Rip off on Loan Modification

Business & Finance

My monthly mortgage payment was 600.00. I fell on hardship a year ago in March. I was unable to meet my payment. I needed temporary relief for 2 years to get back on my feet.

I have been working with ocwen to do a inhouse modification. My original loan was for 81000 at 6.125 interest rate for 30 years. Its supossed to mature in 2036.

The modification i received was for $592.00 a month at an interest rate of 6.12% and to mature in 2051. All they did was extend my years for 15 years.

They also included overtime and I proved to them that I was no receiving overtime via paystubs and a company letter.

All I need was a temporary interest rated adjustment to help me for two years, not to extend my loan for 15 years and save me $8.00 a month.


Company: Ocwen Loan Servicing
Country: USA
State: Florida
City: West Palm Beach
Address: 1661 Worthington Suite 100
Phone: 18007462936
Site: ocwen.com
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