What Ocwens does is let you payment sit for one week, while they let it sit, interest compile. Then posts your payment. Ocwens does not go by Post Marks. This is a considerable amount of money when done this way. Payment informant sent Feburary 28 Date posted was March 7 A good company will use the ...
I do not have a lot to say as I've read most of the posts and I totally agree with everyone else. These people are a trip. I also have late payments because the payments didn't post until after the 15th. I also have a running late fee account that I don't agree with. I refinanced my home in April ...
This website has been my salvation during my fight with Ocwen. This is the first time that I have posted, but I have documented your stories in the letters that I have written. I want to especially thank Marlene. Her persistence and her integrity have been an inspiration. My story is the same as ...
Complete lack of moral understanding for the customer... I have never dealt with a more ethically disgusting company in both my personal and professional lives. As a customer certain rights are to be expected. The right to have an honest service rendered for the money given. The right to a prompt ...
We refinanced our home with Worth Funding. The loan was sold to Ocwen even before our first payment. We were aware of a 1 possibly 2% prepayment penalty (approx. $1-2,000). We are now told the prepayment penalty is 6 times the monthy interest paid on our loan or $4600. Or home has been listed for ...
On November 1, my previous mortgage company sold my loan to Ocwen Federal Bank. I have never been late on a payment in 4 years of owning a home. My mortgage payment is automatically debited from my checking account by an Equity Accelerator agency ("EA"), who forwards it to the mortgage ...