I am one of the unfortunate persons who happens to have an account with OCWEN.
Right now I am paying the full contractual amount for my mortgage, and out of their Ferril plan. Yes, I have an arrearage.
Well, today I did an overview of all my credit reports with all of the local credit bureaus. Now granted a company and yes even OCWEN can pull a bureau on an annual basis, but 3 in one year on an individual who is current? Doesn't make any sense to me. Actually, I would think that it is illegal for them to get that many reports without my authorization.
I have also learned today, that OCWEN paid the taxes on the house late and incurred late fees and penalities. The tax office is sending me the copies of the payments. I plan to follow up and make damn sure the late fees and penalites are not in my so-called arrearage amount. At least I will have all my copies that I need.
This is just a note to inform you about their added illegal use of the credit bureau. At least I think it is illegal for anyone to access your credit history without PRIOR authorization. Again, once a year is any companies right, more if you are past due, however, not so, if you are current.
Ocwen is still a big headache and a rip off company. They are experts at legal theft!
Pat
Burleso, TX
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