Ocwen Federal Bank
A ripoff

Education & Science

Mortgaged thru Ocwen federal bank. Last year Florida had 4 hurricanes in 6 weeks. Ocwen bank proposed forebearing mortgage payments for aug, sept and oct. With no affect to my credit standing. They said they understood that because of the hurricane they wanted to help people out. Payments to be increased over next 6 months to cover their proposal. Agreement was put in writing, but Ocwen contined to change what was in writing. They said they made a mistake and I owed much more than what was agreed in writing.

All payments were complied in accordance to their demands. And now I am trying to refinance with another company because Ocwen bank can not be trusted. A payment history was sent by Ocwen to the new company I was seeking a mortgage with and it was totally full of lies, indicating that i was 60-90-120 always late.

I sent copies of all my payments to the new company I wanted to change to. And they were very confused because all my cancelled checks had shown all payments were made on time and in accordance to Ocwens demands. But it seems that Ocwens willingness to help their customers has alterior motives.

It's time that companies like Ocwen get what they deserve.


Company: Ocwen Federal Bank
Country: USA
State: Florida
City: Orlando
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